
API: Record gasoline demand and rise in petroleum demand in Feb
The API says the demand for gasoline hit a new record in February while petroleum demand also rose.
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The API says the demand for gasoline hit a new record in February while petroleum demand also rose.

Jeroen van der Veer has been elected as a new member of Statoil's Board of Directors.

A statement from API read: “The agency should not get ahead of the science and proceed with a rule proposal without the necessary data to justify costly regulatory changes.”

Saudi Refining, Inc. and Shell have signed a letter of intent to separate Motiva assets.

ExxonMobil Chemical continues to ensure its competitiveness in a low oil-price environment, according to a new report from IHS Inc.

Victory Energy has announced its new GENESIS® High Temperature Fluid Generator product line.

According to the EIA, hydraulic fracturing accounts for about half of current US crude oil production.

GE has developed a new digital analytical tool for the continuous monitoring of corrosion in crude oil refineries.

Total production by the Group during 2015 increased by 2.0% y/y and reached 675 318 barrels.

Calumet Specialty Products Partners L.P. has announced the election of Stephen P. Mawer to the Board of Directors of its general partner, Calumet GP LLC.

GE has introduced its new digital technology for onsite testing of crude oil at refineries.

Optimarin has signed a fleet agreement with UK shipowner and management company, Carisbrooke, for its market leading Optimarin Ballast System.