Gas processing

The latest downstream news from the USA and Canada.

A quick round up of the latest petrochemicals news from around the world

PwC research has predicted a sharp rise in global assignments as organisations try to plug the skills gap.

Foster Wheeler have won the British Safety Five Star Occupational Health and Safety Audit Award.

PIRA Energy Group reports that global Asian oil markets remain supported on a global basis. US stocks fell, and Japanese crude stocks drew on higher runs and contained imports.

World petroleum use set a record high in 2012 despite declines in North America and Europe

The latest downstream news from the USA and South America.

48 illegal refineries have been destroyed in Nigeria and the reestablishment of old facilities has been foiled.

The latest downstream news from the USA and South America.

The latest downstream news from Asia and the Middle East.

DNB Bank has released its annual oil market update, outlining that their oil price forecast has remained unchanged since August last year.

According to the API, total US petroleum deliveries (a measure of demand) increased by 1.7% from July 2012 to average 18.9 million bpd last month. This was the highest July level in three years.

Petrobras’ ability to carry out its future investment plan has sent the company’s credit default swaps to their widest levels in four years, according to Fitch Solutions.

According to the EIA’s ‘This Week In Petroleum’ report, gasoline prices have decreased, while propane inventories were higher on 21st August 2013.

The EIA's ‘This Week In Petroleum’ report suggests that Brent prices will decline through the end of 2013 despite current supply disruptions.