Aramco completes acquisition of additional stake in Petro Rabigh
Aramco has advanced its strategic downstream expansion with the acquisition of an additional 22.5% stake in Petro Rabigh from Sumitomo for US$702 million (SAR 7 per share).
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The value of all energy trade between the US and Mexico was estimated to be US$57 billion in 2024, down from nearly US$72 billion in 2023, according to data from the US Census Bureau, the US EIA has reported.
Phillips 66 has provided an update on its progress toward idling operations at its Los Angeles refinery, US, in furtherance of the company’s efforts to redevelop these real estate sites.
The EIA expects US total distillate inventories will end 2025 and 2026 at lower levels than previous years because of significant inventory draws in 2025, strong export demand, and domestic production declines.
Wood Mackenzie has disclosed that oil and gas companies need to brace for a tough 2026 as capital budgets fall and low-carbon spending faces further cuts.
Zeopore delivers semi-industrial volumes to world-leading catalyst manufacturer, underlining commercial traction and potential for multi-year offtake agreements.
ExxonMobil Basestocks has announced the first shipment of Group II base stocks from new units as part of the Singapore Resid Upgrade Project.
As part of maintenance activity at ExxonMobil’s Fawley Refinery in the UK, Mammoet recently supported with the exchange of a reactor head in the fluid catalytic cracker (FCC) unit.
Ketjen Corp. has marked the official inauguration of its newly expanded ZSM-5 manufacturing plant in Bayport, Texas, US.
The US Energy Information Administration (EIA) considers how geopolitical tensions across Europe and the Middle East have affected diesel and gasoline prices throughout the summer of 2025.
