Refining - 17 October 2016

Frontline has announced the termination of four VLCC newbuild contracts.

Most US households can expect higher heating expenditures this winter (October through March) compared to last winter, according to EIA's Winter Fuels Outlook.

The microbial enhance oil recovery market will grow at a CAGR of 17.37%, according to RnR Market Research

MOL’s Board of Directors formally approved the company’s new long term strategy, ‘MOL Group 2030 – Enter Tomorrow’, at its meeting held on 13 October 2016.

American Innovations has expanded its line of external corrosion services through its acquisition of MSES' line of corrosion products.

SKF and GE Oil & Gas have signed an agreement aimed at further developing the use of active magnetic bearing technologies within the oil and gas sector.