
EU invests €217 million in energy infrastructure
On 19 January, Member States agreed on a Commission proposal to invest €217 million in key trans-European energy infrastructure projects.
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On 19 January, Member States agreed on a Commission proposal to invest €217 million in key trans-European energy infrastructure projects.

Generational Equity has announced the acquisition of its client, WB Construction LLC, headquartered in Wichita, Kansas, US, by Strathklyde LLC.

Hebei Zhongjie Petrochemical Group Co. Ltd. and Genoil have signed a comprehensive contract to build one of the world's most advanced residue upgrading refineries.

Air Products has received a PED certification for its new biogas membrane separators.

In 2015, the throughput of crude oil rose to over 100 million t, while the supply and transport of oil products increased to 88.5 million t.

Siemens is offering a new service for the calibration of measuring devices in process instrumentation.

MagneGas has purchased 2000 additional fuel cylinders in order to accommodate the ever accelerating demand for MagneGas2® fuel.

Global oil demand growth flipped from a near five year high in 3Q15 (2.1 million bpd) to a one year low in 4Q15 (1.0 million bpd).

Since Iran’s oil sanctions have been lifted, the EIA has released a statement predicting a fast rise in oil production and exports.

The Spray Nozzle People (BETE) has developed a new range of PVDF eductors.

The UAE has responded to Shell’s decision to exit the development of the Bab sour gas reservoirs in Abu Dhabi.

The CEO of SABIC has said that competition is no deterrent for petrochemical producers in the Middle East, and that to remain viable, industry leaders should improve business operations.