IEA members to release oil stocks
IEA member groups have decided to release oil from the strategic petroleum reserve.
IEA member groups have decided to release oil from the strategic petroleum reserve.
Hays Oil and Gas have found that the majority of people do not believe that companies do enough to promote women into senior management positions.
South America is emerging as a growing world player in the oil and gas industry. With discoveries of new reserves across the continent, Brazil, Venezuela, Colombia, Chile, Peru and Argentina all look set to prosper.
A round up of some of the recent news from the US downstream industry.
Gasoline deliveries in the US fell in May, according to a report by the API.
Addax Bioenergy is planning to build an ethanol refinery and a biomass fuelled power plant in Sierra Leone to produce biofuel for export and domestic use, and to provide 20% of the country’s energy needs.
Saudi Arabia and Canada are experiencing rapid growth in their respective petrochemical sectors, as a project in Qatar collapses due to apparent lack of funding.
Saudi Arabaia is breaking ranks from OPEC to offer increased supply to Europe, as Libya and Iraq struggle to protect production and processing facilities from the effects of civil unrest.
A new study by IHS examined the carbon footprint of polypropylene from all of its primary manufacturing routes, finding that the diversity of carbon footprints was primarily driven by the source of raw materials used.
The blueprint plan, entitled ‘Keys to the Future’, aims to educate Americans on the role the API and its members can play in the economic future of the US.
A round up of recent refinery construction and maintenance news form around the world.
An update of news from refineries across Asia.
Shell Petroleum Development Company of Nigeria Limited (SPDC) has declared a force majeure for June and July 2011 on Bonny Light loadings as a result of damaged pipelines. The production deferment will affect loadings at the Bonny terminal and came into affect at 12 am on June 13th.
An update of news from refineries across the US.
OPEC was left in disarray after failing to find a broad consensus on the topic of raising oil production to calm market fears at the 159th Meeting of OPEC.