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Refining

Hungary's MOL and MVM join forces to ship Azeri oil to central Europe

Hungarian oil and gas group MOL and state-owned energy company MVM will jointly charter tankers to ship up to 160,000 metric tpy of crude oil from Azerbaijan to further diversify energy supply for Hungary and Slovakia.

Saudi Arabia crude exports fall to 5.754 MMbpd in March

Saudi Arabia's crude exports in March fell to 5.754 MMbpd from 6.547 MMbpd in February.

Low diversity in critical mineral markets could hurt industry, IEA says

Critical mineral markets are at risk of painful disruptions after becoming more concentrated, particularly in refining and processing, and with the spread of export restrictions.

Akselos tackles flange failures with breakthrough SPM module

Akselos has just launched SPM for Flanges, a new module in its Structural Performance Management (SPM) suite—designed to solve one of the most underestimated challenges in industrial operations: flange failures.

Stronger U.S. hurricane season could mean more oil supply outages

An expected stronger hurricane season than average raises the risk of weather-related production outages in the U.S. oil industry.

ExxonMobil working to resolve operational issue at refinery in Illinois (U.S.)

ExxonMobil said on Tuesday it was working to resolve an issue at its 275,000-bpd refinery in Joliet, Illinois (U.S.).

Neste starts SAF production at its Rotterdam refinery

A major Technip Energies project has come to fruition with the start of production of sustainable aviation fuel (SAF) by Neste at its modified refinery in Rotterdam, The Netherlands.

ADNOC and EGA sign $500-MM deal to localize supply of key raw material in aluminum production

ADNOC and Emirates Global Aluminium (EGA) announced  a five-year $500-MM supply agreement for up to 1.5 MMt of calcined petroleum coke (petcoke) from the Ruwais refinery (UAE), a key raw material used in aluminum production.

HPCL aims to start crude unit at 9-MMtpy Rajasthan refinery (India) in October

Hindustan Petroleum Corp. Ltd. announced that it plans to begin crude processing at its 9-MMtpy Rajasthan (India) refinery in October of this year. The company has also announced that it hopes to start petrochemicals production in January 2026. 

Russia in favor of extending partial gasoline export ban

Russian government is in favor of extending its partial gasoline export ban, which is in force until the end of August, to September and October

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