Energy, Oil & Gas

Africa needs $125bn in refining investment through 2050, says OPEC

Africa will need at least $125 billion in investment in oil refining through 2050, including funding for new projects, existing facilities and maintenance, an OPEC official said at African Energy Week 2026 in Cape Town, South Africa, as the continent's oil demand is projected to outpace refining capacity, said a report....

Energy, Oil & Gas

ME-TECH 2026 spotlights technology, innovation in downstream sector

ME-TECH 2026 concluded in Dubai on September 16 after three days of discussions on the future of the downstream sector, bringing together energy leaders, experts and innovators from the GCC, Middle East and international markets....

Energy, Oil & Gas

Air Products expands hydrogenation testing capabilities in Pennsylvania

Air Products has expanded the hydrogenation capabilities of its Chemicals and Refinery Process Lab at its Global Corporate Headquarters in Allentown, Pennsylvania, strengthening its support for customers across refining, chemicals, pharmaceutical, and flavours and fragrances industries....

Energy, Oil & Gas

Honeywell completes $1.8bn Johnson Matthey Catalyst Tech acquisition

Honeywell Technologies has completed its £1.325 billion ($1.8 billion) all-cash acquisition of Johnson Matthey’s Catalyst Technologies business, strengthening its portfolio across refining, petrochemicals and renewable fuels....

Energy, Oil & Gas

Wood secures long-term Aramco engineering deal

Wood has secured a five-year Long-Term Agreement with Aramco, extendable by three years, to provide engineering, design and project management services for oil, gas, refining, petrochemical and lower-carbon hydrogen projects in Saudi Arabia....

Energy, Oil & Gas

Global hydrogen supply chains tested by Mideast crisis: IEA

The Middle East conflict has disrupted hydrogen-based supply chains critical to fertilisers, refining and chemicals, exposing vulnerabilities. While global hydrogen demand exceeded 100 million tonnes in 2025, high costs and infrastructure gaps continue to hinder low-emissions hydrogen growth....

Energy, Oil & Gas

Iran aims to restore majority of refining capability within two months

Iran expects to restore most damaged refining and ‌distribution facilities to 70–80 per cent of their pre-attack capacity within one to two months, a ⁠senior oil official said, as authorities work to recover from a wave of strikes on energy infrastructure....

Energy, Oil & Gas

Saudi industrial investments in Jubail, Yanbu climb to $400bn

Saudi Royal Commission for Jubail and Yanbu has announced that its total investments in the industrial cities hit more than SAR1.5 trillion ($400 billion) by the end of 2025. The country’s flagship industrial hubs, Jubail is focused on petchem and heavy industry while Yanbu serves as the refining and downstream sector. ...

Energy, Oil & Gas

Balancing growth and sustainability: India’s energy roadmap comes into focus

Security, scale and pragmatism took centre stage on the third day of India Energy Week 2026, as policymakers and industry leaders outlined a data-driven, realistic roadmap for the energy transition of the world’s fastest-growing major energy market, said the event organisers. ...