Refining

Oil group MOL's refineries shift to non-Russian crude faces delay

Hungarian oil group MOL expects its refineries to be able to process both Russian and non-Russian crude oils by the end of 2026, a year later than planned as some adjustment projects have been delayed.

QatarEnergy signs 20-yr naphtha supply deal with Shell

QatarEnergy has entered into a long-term naphtha supply agreement with Shell, supplying up to 18 MMt of naphtha over 20 years from April 2025. 

Aspen Technology launches microgrid management system to address power reliability and meet net-zero goals

Aspen Technology introduced the AspenTech Microgrid Management System™, a solution for customers with heavy electrical power requirements in refining, chemicals, mining and other asset-intensive industries that manage their own on-site conventional and renewable power generation in orchestration with active load management and energy storage.

Digital Feature: Refiner improves operational technology risk measurement and management: A Case Study on addressing the cyber risks in the oil and gas industry

This case study details how a U.S.-based Fortune 50 petroleum refiner used proprietary technology to improve operational technology (OT) cybersecurity. By automating asset inventory and vulnerability assessments, the company reduced manual processes, enhanced visibility into cyber risks and improved safety, ultimately saving millions of dollars in program costs.

Russia considers diesel export ban for non-producers

Russian oil companies have held talks with the government on whether firms that do not produce diesel should be banned from exporting it because of concern the refiners may be losing subsidies.

Turkey, Brazil are main buyers of Russian seaborne diesel after EU embargo

Turkey and Brazil have been the main importers of Russian seaborne diesel and gasoil since the European Union banned the import of Russian oil products.

Nextchem signs agreement with KazMunayGaz for SAF project in Kazakhstan

NEXTCHEM and KazMunayGas-Aero have signed an agreement to collaborate on advancing energy transition initiatives, leveraging on NEXTCHEM’s proprietary technology portfolio and process engineering capabilities.

Consortium to purchase CB&I from McDermott

A consortium led by Mason Capital Management announced that it has entered into a definitive agreement to acquire the CB&I storage solutions business from McDermott International, Ltd.

Russia's Tuapse oil refinery suspends processing due to low margins

Shell's Q3 refining margins drop sharply

Shell's refining profit margins dropped by nearly 30% in the third quarter from the previous three months as global demand sagged, while oil product trading earnings also weakened.