Refining - 17 February 2016

Construction of the coker unit at the CHS refinery in McPherson began in March 2013 and took nearly 2.8 million man-hours to complete.

While recent international discussion between OPEC and non-OPEC countries have improved oil prices, Iran has objected claiming an output freeze would be ‘illogical’.

Twin Eagle Sand Logistics LLC has announced that it has commenced commercial operations at the Permian Rail Park.

Woodside Petroleum Ltd has detailed its financial results for 2015, stating a NPAT of US$26 million.

Jim Dumesic at UW-Madison, has scaled up the production of his biomass process for large scale application into biorefineries.

2015 sales rose by 3% in local currencies to CHF5.807 billion and operating cash flow improved significantly to CHF502 million.

BP has released its 2016 World Energy Outlook, where it forecasts petroleum demand and supply, energy demand growth in China and US shale oil production.