
Developing economies to boost world energy consumption
World energy consumption is projected to increase by 48% over the next three decades, led by strong increases in the developing world, especially in Asia.
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World energy consumption is projected to increase by 48% over the next three decades, led by strong increases in the developing world, especially in Asia.

Reliance has announced it will acquire assets within FMC Technologies Inc.'s wireline services business in Canada and the US.

During the first three months of 2016 crude oil prices were relatively more volatile than in recent history, but volatility has since declined from its peak in March.

ExxonMobil has successfully restarted its Torrance refinery, much to the dismay of some untrusting local residents.

The processes most commonly provided by Siirtec Nigi include acid gas removal and enrichment, sour water stripping, sulfur recovery and degassing, and tail gas clean up and thermal oxidation.

IMI Bopp & Reuther launches improved freeware to relieve the headaches of valve selection.

The FMC Technologies Board of Directors has appointed Douglas J. Pferdehirt President and CEO of FMC Technologies, effective 1 September 2016.

The Organisation for Economic Co-operation and Development has reported that energy production has hit a record high, but consumption and CO2 emissions have fallen.

KP Engineering has won an EPC contract for a crude condensate splitter and an associated tank farm at Targa’s storage and marine terminal facility.

The Energy Institute (EI) has released a new publication, A guide to energy management, as part of its Energy Essentials collection.

PKN ORLEN has signed its first long term contract to supply crude oil to Saudi Aramco.

On a per barrel basis, consolidated refinery gross margin was US$7.59 per produced barrel, a 55% decrease compared to US$16.69 for the first quarter of 2015.