Refining - 25 November 2015

The collapse in crude oil prices over the past year is taking its toll on the economies of most oil producing nations in the Middle East.

The increasing use of low sulfur content fuels will boost the growth of newer emissions control technologies such as addition of fuel additives.

Chinese refiners are looking to get more product out of every barrel of oil, especially the hard to refine bottom of the barrel residue, over the next decade.

Blume Distillation and Thomro Investments have announced their plans for a joint MoU to implement a new LRF biorefinery in Zambia.

The United Refining Company has released its financial results for the end of year fiscal 2015.

Hints from industry insiders suggest that oil prices will rise again.

SemCAMS has announced that it has acquired gas and condensate facilities in the Kaybob area of Alberta for approximately CAN$38 million.

Ensyn has been granted a key regulatory approval from the US Environmental Protection Agency for its renewable gasoline product, RFGasoline.