
Oil prices could fall to US$20 says Rystad Energy
Rystad Energy has estimated that oil prices could fall to US$20 as OPEC+ is capable of increasing production by 2.5 million bpd.
Browse the latest refining news and articles.

Gazprom Neft has announced that it is installing a new integrated refining process management system at its Omsk Refinery.

GlobalData has reported that Iran is set to lead Middle East new-build refining capacity additions by 2024.

Sulzer has announced the opening of a new service centre in Riyadh, building on its local pump manufacturing capabilities.

The EIA has reported that less petroleum and other liquids consumed in the US is coming from refineries.

Tai Piazza, Refining Industry Manager at VEGA Americas discusses the company's Multi-point Density Array (MDA) system and how it can be used for a more reliable and accurate ‘look’ at what is happening inside vessels.

Petroteq has announced that it has reached a new production milestone of 300 bpd at its Asphalt Ridge plant.

BP has announced that it is withdrawing its membership from American Fuel and Petrochemical Manufacturers (AFPM), the Western States Petroleum Association (WSPA) and the Western Energy Alliance (WEA).

BPGIC has announced that it has recently signed a land lease agreement with UAE’s Fujairah Oil Industrial Zone.

Hempel has appointed Katarina Lindström as its Executive Vice President and Chief Operating Officer.