Refining - 06 May 2015

EY has said that oil and gas companies are gearing up for transactions post slump.

Oil and gas equipment and services deal market remains slow as debt offerings lift total to US$2.6 billion for March 2015.

Net income attributable to Western Refining, excluding special items, was US$113.3 million, or US$1.18 per diluted share.

GlobalData has said that Asia’s planned refinery projects pose a threat to disadvantages European refiners.

Maroš Šefcovic, Vice President for Energy Union, delivered the keynote speech at the EU Energy Security Conference 2015.

The US Energy Information Administration has said that during February, crude by rail accounted for over half of East Coast refinery supply.

A new report from Consumer Watchdog shows that oil refiners have made large profits from gasoline price spikes recently, and over the last decade.

It has been reported that the energy sector’s enthusiasm for growth has diminished over lingering oil price declines.