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Refining

Lummus Technology completes acquisition of NAPCON from Neste, expanding digital and AI capabilities

Lummus Technology announced the successful closing of its acquisition of the NAPCON portfolio, the digital technology business of Neste. Initially announced in April 2025, the transaction includes the transfer of Neste's NAPCON intellectual property, select assets and key personnel.

IATA expects sustainable aviation fuel production to double in 2025

The International Air Transport Association said it expects the amount of sustainable aviation fuel produced to double in 2025 to reach 2 MMt, representing 0.7% of airlines' fuel consumption.

RIC Energy and Siemens to jointly develop renewable H2, green ammonia and eFuels

The collaboration will especially boost the sustainable aviation fuel (eSAF) plant that RIC Energy is promoting in Cubillos del Sil (León), known as the Compostilla Green project, which was recently recognized by IDAE as the top-rated initiative under the H2 valleys program.

Trump administration (U.S.) axes $3.7-B in green energy projects

The U.S. has axed awards to 24 green energy projects issued during U.S. President Joe Biden's administration that totaled more than $3.7 billion, the Energy Department said. These include projects from ExxonMobil, Heidelberg Materials and Eastman Chemical

Nigeria's Dangote oil refinery extends WTI buying spree into July

Nigeria's Dangote oil refinery will import at least 5 MMbbl of U.S. WTI crude oil in July, three trading sources said, extending its buying spree after a potential record tally for June.

Petroecuador declares emergency at Ecuador's biggest refinery after fire damages

Ecuador's state oil producer Petroecuador declared a 60-day emergency at the South American nation's largest oil refinery, its second emergency in one month, after a fire this week caused damage to some fuel tanks.

U.S. administration considers plan to clear record backlog of small refinery biofuel waivers

The White House (U.S.) is weighing a plan to clear a record backlog of requests from small refineries for exemptions from U.S. biofuel laws, which could include approving many current applications and requesting industry input to deal with older ones.

Lotte Chemical Titan signs contract to buy naphtha from Aramco Trading Singapore

Malaysia's Lotte Chemical Titan has signed a three-year contract to buy naphtha from Aramco Trading Singapore starting in July 2025 and running to June 2028, the company said.

Nigeria's Dangote refinery to run at reduced rates through October

The 650,000-bpd Dangote oil refinery in Nigeria is expected to operate its gasoline-making unit at reduced rates through October after a string of issues in recent months.

Japan's Cosmo Oil undergoes unplanned shutdown of No. 2 CDU in Chiba refinery

Japan's Cosmo Oil, a unit of Cosmo Energy Holdings, underwent an unplanned shutdown of the 102,000-bpd No. 2 crude distillation unit (CDU) at the Chiba refinery, near Tokyo

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