Refining - 26 May 2017

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 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.

GreenField Specialty Alcohols, Inc. has announced it will change its name to Greenfield Global, Inc.

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

Refining NZ has awarded WorleyParsons a framework agreement for EPCm services at the Marsden Point Refinery.