
ESAI Energy expects continued OPEC cuts in 2019
ESAI Energy expects OPEC+ countries to extend their production restraint another six months, due to weak demand and soft crude oil prices.
Browse the latest refining news and articles.

ESAI Energy expects OPEC+ countries to extend their production restraint another six months, due to weak demand and soft crude oil prices.

The nomination deadline for the Inaugural Downstream Industry Awards, taking place in Houston, Texas, US, on 19 November 2019, has been extended.

The US EIA reports that there was an increase in petroleum and natural gas consumption in 2018, although coal consumption fell 4.3%.

ValvTechnologies Inc. has met the requirements of API 641 through third party witnessed testing.

Nine US Senators have urged the administration to ensure that qualified small refineries continue to have protection from disproportionate economic hardship brought on by the Renewable Fuel Standard.

The EIA has reported that US refinery capacity reached a record high of 18.8 million b/cd at the start of 2019.

Petronas’ BeyondHome programme was organised to encourage local oil and gas vendors to expand into foreign markets.

Sulzer has announced that construction has started on its new service centre in Birmingham.

The International Rotating Equipment Conference 2019 will outline how digitisation is changing the pump, compressor and vacuum technology market.

Saudi Aramco has signed 12 agreements worth billions of dollars with various South Korean companies.

US refining capacity increased to more than 18.8 million bpd as of 1 January 2019, according to a new report from the EIA.

Porvair Filtration Group has announced the appointment of two new Business Development Manager’s in Europe.