Improved financial situation for US oil companies
While the oil price decline has led to significant reductions in operating cash flow for US oil companies, their immediate financial situations are improving.
Stay up to date with the latest news and updates from the downstream industry.
While the oil price decline has led to significant reductions in operating cash flow for US oil companies, their immediate financial situations are improving.
On Sunday 17 July, Exxon Mobil has suffered another pipeline leak at its petrochemical complex in Houston, Texas.
ClearSign Combustion Corporation has announced that it has successfully demonstrated its new Duplex technology at a Californian refinery.
The optical flame detectors are designed to perform in the harshest environmental conditions and connect directly to alarm or automatic fire extinguishing systems.
Pakistan Petroleum Ltd has announced a gas discovery at its exploration well Hadi X-1A located in District Sanghar, Sindh.
Westlake Chemical has announced it has restarted its plant in Calvert City, Kentucky, after an unplanned shutdown.
Strainstall, part of James Fisher and Sons plc, has received a major contract with the Japanese Penta Ocean-Toa joint venture.
Boreas Natural Gas has announced it will begin providing products, services and solutions for natural gas fuels market.
Southern Company subsidiary has announced it has reached a production milestone for syngas at the Kemper County energy facility.
Stolt-Nielsen Limited has agreed to the acquisition of the chemical tanker operations of Jo Tankers.
Meridian Energy Group has closed on the purchase of the O'Brien Ranch, an agricultural and residential property located near the site of the company's Davis refinery.
Boeing, South African Airways (SAA) and low cost carrier Mango have celebrated Africa's first passenger flights with sustainable aviation biofuel.