Refining - 17 June 2015

Evolution Petroleum Corporation has announced that it has put a limited oil price protection program in place, from July until December 2015.

The combination of lower upstream earnings and higher downstream earnings contributed to higher profits in the downstream segment due to crack spreads.

A new report by ESAI Energy shares findings and concludes that a wave of new petroleum product supply has failed to move markets.

Honeywell UOP’s C3 Oleflex™ technology is to be used in new unit in Poland to help fill propylene shortage in Europe.

Why is the pipeline reversal project taking so long to restart?