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Refining - 26 May 2017

Motiva Enterprises set for growth

Following announcements at the Saudi-US CEO Forum, Motiva Enterprises has confirmed it has set plans to become the safest and most profitable downstream business in the US.


Caspian Sunrise finalises merger

Caspian Sunrise has announced that it expects all conditions for the merger and the associated capitalisation of the Vertom loan, will be concluded by 1 June 2017.


Oil production cuts to continue

OPEC and non-OPEC countries have agreed to extend production cuts by a further nine months, following a meeting in Vienna, Austria.