Refining
Nextchem awarded engineering/technology services contract from SATORP (Saudi Arabia)
MAIRE announced that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary NextChem Tech, has been awarded a three-year contract by SATORP – a JV between Saudi Aramco and TotalEnergies – to provide engineering and technology services related to the sulfur recovery complex of SATORP’s refinery in Jubail, Kingdom of Saudi Arabia.
PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million
Independent U.S. refiner PBF Energy said it is starting repairs at its fire-damaged 156,400-bpd Martinez refinery in California and estimates the cost of repairs to be $30 million.
LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
A surprising development in 2024 was the resurgence of LNG retrofits as shipowners sought immediate carbon reductions to navigate regulatory requirements. More than 305 LNG-fueled ships were ordered last year, accounting for approximately 14% of newbuilding orders, significantly outpacing methanol and ammonia alternatives.
Sparta Commodities launches advanced fuel oil intelligence tools to empower global traders
Designed specifically for traders and analysts, this new vertical introduces live blending intelligence, dynamic arbitrage tracking, and AI-driven analytics, providing actionable intelligence across global fuel oil blending and bunkering hubs.
New Sherwin-Williams Advanced Energy Barrier eliminates threat of corrosion under insulation
Sherwin-Williams’ Heat-Flex® Advanced Energy Barrier (AEB) tackles corrosion under insulation (CUI), effectively eliminating the costly and dangerous phenomenon of steel assets corroding underneath insulation systems. The coating replaces the bulky mineral-based insulation that is traditionally used on storage tanks, process vessels and piping to retain process heat.
EIA: U.S. butane exports reached a new record in 2024
The United States is exporting record volumes of normal butane as global demand for liquefied petroleum gases (LPG) surges.
Fire put out at oil refinery in Baku (Azerbaijan)
A fire at a 130,000-bpd oil refinery in Azerbaijan's capital Baku was extinguished on Wednesday, emergency cervices said.
Key U.S. energy data trends to track as tariffs kick in
Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of new steep tariffs on the United States' largest trade partners, which kicked in on Tuesday.
EIA: Refinery closures and rising consumption will reduce U.S. petroleum inventories in 2026
In 2026, the U.S. Energy Information Administration (EIA) forecast that inventories of the three largest transportation fuels in the U.S.—motor gasoline, distillate fuel oil and jet fuel—will fall to their lowest levels since 2000 in its February Short-Term Energy Outlook.
Shell is considering selling off chemical assets in Europe and the U.S.
Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.
- Petrobras signs on with Baker Hughes for sweeping gas turbines service agreement 3/18
- TwinThread launches Perfect Batch, an AI-powered analytics solution to optimize batch production 3/18
- bp to block union workers from Whiting refinery 3/18
- Analysis: Licocene Terra, using renewable carbon in hot melt polymers for adhesive formulations 3/18
- Ionautics finds breakthrough in iridium-based porous catalyst layer technology for green hydrogen production 3/18
- thyssenkrupp nucera supplies electrolyzers for Moeve’s green hydrogen project 3/18
