Refining - 19 June 2015

Total, Germany, has agreed to sell its 16.67% interest in the Schwedt refinery to Rosneft.

ExxonMobil and Petroleos de Venezuela are selling the jointly-owned Chalmette oil refinery for US$322 million.

Highlights from the testimony of Elizabeth Tresder, API before the Pennsylvania Senate Joint Hearing on Safe Transportation of Crude oil by Rail in Pennsylvania.

The global diesel fuel additives market is estimated to be worth US$3717.7 million by 2019.

As part of the major turnaround, Porvoo refinery in Finland was shut down, cleaned and inspected, employing approximately 4500 people.