Petrochemicals - 06 July 2016

Tesoro Corporation has announced it will sell its Alaska storage and terminalling assets to Tesoro Logistics.

Two new steam cracking processes developed by ExxonMobil and Saudi Aramco allow petrochemical producers to skip the refining process in converting crude oil to light olefins.

ExxonMobil has launched its new advanced, performance enhancing synergy gasoline across the US.

World Fuel Services Corporation has completed its acquisitions of both PAPCO, Inc. and Associated Petroleum Products, Inc.