Refining

EIA: U.S. crude inventories decline for tenth week to over 40-yr low

The total stocks, including those from the strategic petroleum reserve, have fallen by 96.25 million barrels since the start of the Iran war, as countries around the globe have called on U.S. oil and products to fill supply gaps.

Australia opens first carbon refinery, making new products from captured CO2

MCI Carbon has been developing the Myrtle Carbon Capture Utilization and Storage technology for 15 years and the demonstration plant can potentially capture 2,500 metric tons of CO2 a year.

ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement

NINVA clamps directly onto the outside of the pipe, giving plant operators accurate process temperature readings without the need to cut, weld or maintain traditional invasive thermowells.

OPEC sticks to robust oil demand outlook, sees no peak on horizon

The 11-member Organization of the Petroleum Exporting Countries depends on oil for a large part of government income, and its views on demand are higher than those of others in the industry, such as the International Energy Agency.

MyRechemical to license technology for Canadian biomass-to-SAF project

Honeywell to provide technology for Acelen Renewable's SAF and renewable fuels facility in Brazil

TotalEnergies' Saudi Arabia refinery will not be fully repaired until early 2027, CEO says

TotalEnergies' SATORP oil refinery in Saudi Arabia, which was hit by three drones in April, is still running only at 70% capacity.

Opinion: China used crude stockpiles to ease Iran shock, but not that much

For the first time in 14 months China's refiners processed more crude in May than was available to them from both imports and domestic production.

Johnson Matthey selected by Phelan Green for landmark eSAF plant in South Africa

Shell Catalysts & Technologies to license technology to ENGIE for the France KerEAUzen eSAF project