US oil price turns negative
On Monday 20 April, US oil prices turned negative for the first time in history as crude storage space filled up.
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On Monday 20 April, US oil prices turned negative for the first time in history as crude storage space filled up.
The EIA has reported that total energy exports exceeded imports in 2019 for the first time in 67 years.
Air Products has announced the completion of its acquisition of five hydrogen plants from PBF Energy.
GlobalData has reported on Total’s decision to revise CAPEX guidance in the wake of a drop in oil prices.
The API’s March 2020 Monthly Statistical Report shows a decline in US petroleum demand.
The AFPM supports the initiative which aims to waive the Renewable Fuel Standard compliance burdens for 2020.
Subsea pipelines for the new HES Hartel Tank Terminal have been handed over by Visser & Smit Hanab.
Reynolds Contamination Control has signed a five-year distribution agreement with Petro Industrial Pty Ltd.
The US EIA has published its Weekly Petroleum Status Report which provides crude oil and refined products balances for the US.
ILTA has committed to holding its annual conference and trade show in 2020, moving the dates to 16 – 18 November.
Well Resources Inc. has announced the commissioning of a 300 000 tpy Ionikylation unit at Sinopec’s Wuhan refinery, which is the world’s first commercial scale revamp from a hydrogen fluoride based alkylation process.
New analysis from Wood Mackenzie suggests October may prove critical for the European gas storage market.