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  • 12 July 2025

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Saudi Aramco enters into refinery building contract with Sinopec

Sinopec has signed a deal with Saudi Aramco to build a Phase II 16 million-ton-a-year refining project. Sinopec has signed a framework agreement with Saudi Aramco to build a Phase II 16 million-ton-a-year refining project and 1.5 million-ton-year ethylene units in Gulei, Fujian. The project is expected to be completed and operating by the end

Worley bags contract to build first lithium refinery in the UK

Engineering services company Worley has secured a contract to support Green Lithium’s plans to build the UK’s first large-scale merchant lithium refinery in Teeside. Worley has announced that it has commenced work on the first lithium refinery in the UK, which will be built in Teesside by Green Lithium. Once operational, the plant is expected

Universal Biofuels selected to supply 8 million gallons of biodiesel to OMCs

Aemetis, Inc. announced that its Universal Biofuels subsidiary in India was selected by the three government-controlled oil marketing companies (OMCs) and a major oil refiner to supply approximately 8,000,000 gallons of biodiesel over the next two months.  Universal Biofuels owns and operates biodiesel plant located near the Port of Kakinada on India’s east coast. The

Refinery expansion contract awarded to L&T

The hydrocarbon onshore division of Larsen & Toubro’s (L&T) energy business has secured a large contract from Indian Oil Corporation Ltd. Indian Oil Corporation is implementing the Panipat refinery expansion (P-25) project to enhance refining capacity. India’s largest state-run oil marketing company is implementing the Panipat refinery expansion (P-25) project to enhance refining capacity from

IOC targets to replace fossil fuels with green hydrogen for decarbonization drive

Indian Oil Corporation (IOC) is targeting to replace at least a tenth of its current fossil-fuel-based hydrogen at its refineries with carbon-free green hydrogen as part of a decarbonization drive. The nation’s largest oil firm is setting up green hydrogen plants at its Panipat and Mathura refineries, IOC said in its latest annual report. The

Shell upgrades oil and gas assets amid demand for refining profits

Shell said that surging demand for oil products that had almost tripled refining profits in the second quarter would boost earnings by up to $1.2 billion. The increased refining margin is expected to boost the division’s earnings by $800 million to $1.2 billion in the second quarter compared with the first quarter. The upgrade will

IOC to invest $9.35 mn to raise Digboi refinery capacity

State-owned Indian Oil Corporation (IOC) will invest over $9.35 mn (Rs 740 crore) to raise the capacity of the nation’s oldest oil refinery at Digboi in Assam. IOC said its board has approved raising of Digboi refinery capacity from 0.65 million tonnes per annum to 1 million tonnes along with associated facilities at an estimated

Oil refineries in Pakistan not ready to import Russian oil

The National Refinery Limited in Pakistan has excused from the import of Russian crude oil.   The refineries in the country showing their limitations said that the transportation cost, increase voyage time, low/no capacity to process it, payment procedure and the long-term contract with Middle Eastern suppliers are the main hurdles in the way of

MHI, ANRPC agree to introduce hydrogen in to oil refining

Mitsubishi Heavy Industry (MHI), a Japanese engineering firm, and Alexandria National Refining and Petrochemicals (ANRPC) from Egypt plan to introduce hydrogen into the oil refining process at ANRPC’s refineries to cut CO2 emissions. MHI has signed an agreement with ANRPC on the hydrogen introduction. MHI will convert the existing boiler at ANRPC’s refinery that currently

Renewable Energy
SARCO signs renewable energy projects with Christof Global Impact

Saudi Arabian Refineries Company (SARCO), and Christof Global Impact signed two non-binding memoranda of understanding (MoUs) to develop renewable energy projects. The first project is to study an investment partnership to build a refinery producing the ‘biodiesel’ biofuel carbon, which is negative fuel derived from algae through “carbon negative algae oil – sustainable fuel platform”

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Future Fuels is a digital news platform committed to advancing sustainability in the maritime industry. We cover the technologies, fuels, and innovations driving the transformation of global shipping—from battery-electric vessels and alternative fuels to clean propulsion systems, smart energy solutions, and evolving regulations.Driven by a clear vision for a zero-emissions future, we provide in-depth news, analysis, and expert insights on the sustainable technologies transforming the maritime industry.

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  • Home
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