Refining
Digital Exclusive: How oil and gas operators can strengthen OT security in 2026
Thomas Patterson, Vice President of Product Management at VikingCloud, discusses the cybersecurity challenges that arise from the convergence of information technology (IT) and operational technology (OT).
Japan weighs new release of about 20 days' worth of oil from reserves
Japan, dependent on the Middle East for some 95% of its oil supply, began releasing oil from its stockpiles on March 16 in coordination with other nations and on its own.
Germany probes Klesch's planned purchase of bp refinery
The nationality of Klesch Group owner Gary Klesch, who has given up his U.S. citizenship to become British, is one reason for the review of the planned deal.
India raises HPCL Rajasthan Refinery project cost to $8.6 B
HPCL Rajasthan Refinery Ltd is a joint venture with HPCL HPCL.NS owning a 74% stake and the rest owned by the state government of Rajasthan.
Iranian Oil Refining Co. confirms attack on Lavan refinery
The company said the facility was hit at around 10 a.m. (0630 GMT), adding that safety and firefighting teams were working to contain the blaze and secure the site.
Iran ceasefire provides hope, but physical oil markets to remain stressed
Disruptions from the effective closure of the Strait of Hormuz are now working their way through supply chains, and physical markets in Asia are under stress and will remain so for months even if it does reopen fully.
China's teapots seek Iranian oil after prices fall
The Chinese refiners, known as teapots, had largely stayed on the sidelines since the U.S.-Iran conflict broke out in late February, causing global oil prices to surge, while Washington temporarily waived sanctions on Russian, Iranian crude at sea erasing discounts for these cargoes.
Japanese refinery runs at lowest since June 2025 on Middle East supply crisis
Japan began to partially release oil stockpiles from March 16.
Venezuela's refineries down to 31% of crude processing capacity
The South American country has increased oil output and exports since it agreed to a flagship supply pact with the U.S. government in January, but limited power service, outages and need for major repairs and maintenance are creating obstacles to recovering refining operations.
- From corn fields to cargo ships, ethanol gains early traction as marine fuel 6/12
- Indonesia raises price of widely used fuel by 32%, adds to cost-of-living concerns 6/12
- Technip Energies, Safran, Airbus, Tereos to form green jet fuel venture in France 6/12
- Saipem awarded €900-MM gas compression plant project in Saudi Arabia 6/12
- Trans Mountain pipeline in Canada hits full capacity two years after upgrade 6/12
- MB Energy and Zaffra sign MoU to advance commercialization of eSAF in Europe 6/12
