
Crude oil prices fell in 2025 amid oversupply
The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.
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Phillips 66 has said that key facilities will be integrated into the Humber Refinery rather than restarting standalone refinery operations at the Lindsey site.

Technip Energies has announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., a global leader in specialty catalysts and advanced materials.

The Rijeka refinery upgrade project, Croatia, has entered its final phase of implementation as construction works on the key systems of the new processing units have been completed.

Tasnee has announced the planned periodic maintenance shutdown at the Saudi Ethylene and Polyethylene Co. (SEPC), which will coincide with the extended shutdown related to the ethylene cracker expansion project.

NEXTCHEM has inaugurated its new premises at its MyReplast upcycling plant in Bedizzole, Brescia, Italy, during a ceremony attended by local authorities and company top management.

Shaista Mallik, Seeq, explores how modern software tools, such as AI, ML, and advanced analytics, are empowering processors to drive efficiency and profitability throughout their enterprises.

Miro Cavkov, Euro Petroleum Consultants (EPC), explores how carbon capture, utilisation, and storage (CCUS) technology can be used by refiners as a tool for decarbonisation, by preserving and reusing the carbon molecule.

A new report from the International Energy Agency (IEA) shows employment in the global energy sector expanding twice as fast as the rate for the overall economy, even as skilled labour bottlenecks pose rising risks.

Neste and Cathay Group have agreed on the supply of Neste MY Sustainable Aviation Fuel™ for the group’s aviation operations across three major aviation regions.