Cutbacks at Total’s Lindsey refinery to help reduce gas oversupply
According to BMI, Total's downsizing of its Lindsey refinery will help reduce gasoline oversupply in the UK.
Browse the latest refining news and articles.
According to BMI, Total's downsizing of its Lindsey refinery will help reduce gasoline oversupply in the UK.
Consumer Watchdog has said that California refinery profits have fattened on 60 cents gas price spike since shutdowns and slowdowns.
Saudi Arabia intends to be the biggest exporter of refined oil products after the US, according to Oil Minister Ali al-Naimi.
Fitch Ratings have said that there is a broad cross sector impact evident in sustained US$50/bbl oil price scenario.
Respol’s strong performance was supported by the start of production in strategic projects and by the good result of the downstream unit.
Some of the latest announcements from the global oil and gas sector.
Cordant Technical & Engineering has opened an office in Aberdeen to meet growing demand among oil and gas companies.
With low oil prices, the oilsands region's cash flows will fall by US$23 billion in 2015 and 2016 combined, according to Wood Mackenzie.
According to Fitch Ratings, the fall in oil prices will likely provide a net benefit to US lodging demand.
IHS has said that the vast majority of crude oil transported via KeystoneXL will be consumed in the US and Canadian oilsands imports in to the US will grow regardless.
The US Energy Information Administration has said that a large reduction in distillate fuel sulphur content has had only minor effects on energy content.
CB&I’s new awards and backlog were at record levels in 2014, and its prospect list for 2015 supports the outlook for sustained earnings growth.