Refining - 28 January 2020

McDermott to proceed with the FEED phase of residue oil conversion project for Beowulf Energy at Preem refinery in Sweden.

ExxonMobil has made a discovery at Uaru, and ups its Guyana recoverable resources to more than 8 billion boe.

Equatorial Guinea has officially launched its Year of Investment 2020, aimed at drawing capital investment into industrial projects.

The API has recently announced that the Phillips 66 chairman and CEO will serve as the chairman of API’s Board of Directors for a two-year term.

US crude oil production and exports have hit a historic high, benefitting US consumers, says API.