Refining - 17 July 2015

A roundup of the latest downstream news headlines.

A collection of US Senators have written to the President opposing lifting the crude export ban.

On 16 July, a BNSF crude oil train derailed in rural northeastern Montana, prompting the evacuation of surrounding homes.

Golder Associates has hired a new Managing Director in the UK and Ireland, Dr Elisabeth Culbard.

United Refining Company reported net income of US$34.7 million for the quarter ended 31 May 2015.

While no significant moves can be forecast, oil prices are unsustainable at current levels, which will likely spur change in the form of pullbacks and consolidations.

Prolonging the service life of large motors and generators can deliver significant improvements in their life cycle cost as well as operational savings for production facilities.

The American Petroleum Institute has said that US petroleum demand increased during June and in Q2 of this year overall.