Oil Refining News


Lyondell to begin closure of Houston Refinery this weekend

Jan 22, 2025

LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations.Layoffs of up to 400 employees at the refinery are scheduled to begin two months after the shutdown begins…

US Judge Proposes CITGO Auction Solution

Nov 20, 2024

The U.S. judge overseeing an auction of shares in a Citgo Petroleum parent to pay Venezuela-linked creditors on Wednesday proposed major procedural changes to advance a case stalled by wide opposition and lawsuits by creditors in other courts…

Current News

Aker Solutions Awarded Contract for BalWin2 Offshore Wind Project

Nigeria Introduces Oil Tax Relief for Cost-Cutting Measures Implementation

Gazelle Secures Multi-Million Funding for Floating Wind Demo

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

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