Aramco exits Malaysian mega-refinery as PETRONAS takes full control of PRefChem
PETRONAS said full ownership will strengthen operational alignment across its value chain and improve flexibility
PETRONAS said full ownership will strengthen operational alignment across its value chain and improve flexibility
The move is being positioned as a preparatory step for potential future mergers
The company posted a consolidated total income of Rs. 299.43 crore for the quarter
ENEOS to acquire 100% of Chevron’s downstream fuels and lubricants marketing businesses in Singapore, Malaysia, the Philippines, Australia, Vietnam and Indonesia
BPCL’s performance during FY26 reflected sustained domestic energy demand, disciplined operations and continued momentum across key business segments
FY26 revenue declined to Rs. 1,464.06 crore, compared with Rs. 1,823.27 crore in FY25
The project will add a parallel ethylene chiller system and expand outbound export logistics at Bukom
While Europe has shut down 35 refineries over the last 15 years, Spain maintained and modernized its network of eight refineries
The plan includes discontinuation or realignment across multiple petrochemical and derivative lines
The company has, however, cautioned that much of the uplift may not last if crude prices reverse
The move aims at targeting fast-growing aviation and industrial demand with advanced, high-performance solutions
A major driver behind the strong quarter was the rapid expansion of throughput on Saudi Arabia’s East-West Pipeline
Borouge 4 is expected to increase the company’s production capacity by 1.4 million tonnes annually
The Austrian energy group posted clean CCS net income attributable to shareholders of EUR 323 million
The divested assets span major industrial sites in France, Germany, the UK, and Spain
The proposed partnership, still in its early evaluation stage, is aimed at strengthening Thailand’s petrochemical supply chain
Highlights structural advantages at AGM
The refinery maintained strong momentum in Q4 FY2025–26 with crude throughput of 2.93 MMT,
The planned facility would target one of the most overlooked streams in the energy economy
They stated the objective is “to realize resilient and essential businesses that support Japanese industries and to enhance the competitiveness of the PO business, including PP and polyethylene
June 11, 2026 Connected Process Development through a Unified Digital Platform: Materials, Data, and Actionable Insights
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