Refining - 13 October 2015

Fluor Corp. has announced that its joint venture team was selected by KNPC as the preferred bidder for EPC packages.

Kuwait’s National Petroleum Company (KNPC) is to sign contracts regarding the build of the largest oil refinery in the Middle East, the Al-Zour refinery.

The report stated that global demand growth is to slow in 2016, closer to long-term trend as price support is likely to wane.

USD Group LLC and Pinto Reality Parnets LP have formed a joint venture to pursue a US Gulf Coast development opportunity.

Upstream exploration and development and midstream infrastructure spending in Angola, Namibia, South Africa, Mozambique, Tanzania and Madagascar.

IEA provided critical energy information twice during October 2015 at gatherings of energy ministers in Asia.

Phillips 66 has announced a US$2.0 billion increase to the company’s share repurchase programme.