Refining

Ingersoll Rand has completed its acquisition of Precision Flow Systems for US$1.45 billion.

The TASI Group recently acquired Sierra Instruments, its second acquisition in recent months.

EnerMech and Arup’s new service, AIM, aims to digitise the entire workflow of an inspection, reducing risk and costs.

The EIA has revised its price forecast for Brent crude oil upward, reflecting price increases in recent months, more recent data, and changing expectations of global oil markets.

The IEA reports that global energy investment stabilised above US$1.8 trillion in 2018, but security and sustainability concerns are growing.

Grupa LOTOS has announced that its Gdansk refinery has continued to operate at full capacity, relying on deliveries of crude oil by sea and the release of mandatory stocks.

Duqm Refinery has announced that its project is running ahead of schedule, with 19.5% completion at the end of April.

The distinction by TÜV Nord Cert confirms that the company’s internal processes and regulations comply with the ISO 27001 definitions.

Chevron Lummus Global has been awarded the contract for the license and extended basic engineering design of a delayed coking plant.

Topaz Energy and Marine, an offshore marine logistics company, has signed a long-term agreement and placed an order with Baker Hughes, a GE company, to deploy Baker Hughes’ lubricant condition monitoring system, VitalyX.

PJ Valves outlines how the right supply chain can reduce risk and costs, and why the oil price matters less than you might think.

In the build-up to PRCE Europe 2019, MOL Group's Executive Vice President of Downstream, Ferenc Horvath, sat down with the Congress’ Project Director, Regina Chislova.

EIA reports that 2018 was a record year for US energy with production outpacing consumption but increases across the board.

Aspen asset optimisation software will be used at the Zeeland Refinery to improve efficiency and maximise profit generation.

The new collaboration is aimed at improving the accessibility and efficiency of oil and gas reliability data.