Refining - 03 November 2014

According to the US Energy Information Administration, US gasoline prices move with Brent rather than WTI crude oil.

Edward Davey, Secretary of State for Energy and Climate Change, has released a statement in response to the IPCC report on climate change.

Blasch’s VectorWall is to become the standard for MECS.

Chevron has reported earnings of US$ 5.6 billion (US$ 2.95 per share – diluted) for Q3, 2014, compared with US$ 5.0 billion in the 2013 third quarter.

Chevron has been awarded a contract by Shandong Sincier Petrochemical for three hydroprocessing units.

According to Business Monitor International, oil prices at US$ 60/bbl would have a harmful impact on Sub-Saharan Africa’s economic growth outlooks.

Earnings in the period rose 3% from the third quarter of 2013, driven by higher margins and improved operations in the downstream and chemical businesses.

The International Energy Agency reports that strong incentives on energy access and renewable energy as well as subsidy reform reflect the Moroccan government’s determination to fulfill the aims of its Energy Strategy.