Refining - 27 July 2016

Anadarko Petroleum Corp. has announced its financial and operating results for 2Q16, including a net loss attributable to common stockholders of US$692 million.

A total of 43 crude and natural gas projects are expected to start operations in Sub-Saharan Africa by 2025, of which 31 are crude and 12 are natural gas.

In 2Q16, BASF saw a slight improvement in the macroeconomic environment, underlined by the recent increase in oil price and pickup in demand.

ExxonMobil has announced plans to increase production of ultra low sulfur fuels at its Beaumont refinery by approximately 40 000 bpd.

The EIA has released its ‘Monthly Energy Review’ for July 2016, offering summary data on energy production, consumption, stocks, trade, prices, and emissions.

Chu Kong Petroleum Natural Gas Steel Pipe Holdings Limited has been awarded a price agreement to supply approximately 40 000 t of steel pipes for the Refinery and Petrochemical Integrated Development project.

Turkey’s largest oil refiner is using Honeywell UOP technology to boost diesel fuel production at its facility in Izmit, Turkey.