European refiners are turning to survival strategies honed during the tough years.
RusTechnip has been awarded a service contract for the existing Gazprom Neft Refinery located in Omsk, Russia.
A decision on whether SABIC will go ahead with a JV with Exxon Mobil will likely be made by Q2 2017.
Foreign engineering companies have bid to build Saudi Aramco's clean fuels project at the state oil giant's Ras Tanura refinery.
Marathon Petroleum Corp. evacuated workers from a portion of its Galveston Bay refinery in Texas City, Texas due to a butane leak, but no injuries were reported.
South Africa's largest oil refinery, jointly operated by Shell and BP, has not shut down due to a workers' strike over wages, contradicting an earlier union claim.
Yemen sold 3 MMbbl of crude to Glencore in a move that drew criticism from the main refinery struggling to provide fuel for local power stations.
Turkey’s largest oil refiner is using Honeywell technology to boost diesel fuel production at its facility in Izmit, Turkey.
South African energy workers plan to strike indefinitely, a stoppage that will potentially hit oil refineries of companies including Shell, BP Chevron and Sasol.
Valero Energy Corp. expects lower refinery utilization over the rest of the year as companies step up efforts to counter slumping refining margins caused by record supplies of gasoline and diesel products.