McKinsey: global refining capacity growth to exceed demand until 2020
McKinsey Energy Insights (MEI) forecasts that until 2020, global refining will move towards lower utilisation and margins as capacity growth exceeds demand.
McKinsey Energy Insights (MEI) forecasts that until 2020, global refining will move towards lower utilisation and margins as capacity growth exceeds demand.
Intertek has announces it has achieved full ISO 17025 accreditation on test methods for jet fuel, diesel and gasoline in two key locations in the US.
Delek Refining has announced it will implement Honeywell's connected performance services in order to improve its refinery performance.
AFPM President Chet Thompson commented on the Obama Administration’s decision to deny the permits needed to complete the last leg of the Dakota Access Pipeline.
Global Petro Storage (GPS) has announced its launch at the same time as its acquisition of the Hydrocarbon Hotel in Amsterdam from Varo Energy.
The United Nation's Environment Programme (UNEP) has announced West Africa is putting its people's health first and will therefore ban Europe’s ‘dirty’ fuels.
Pembina's Board of Directors has approved a capital programme of approximately CAN$1.9 billion for 2017 that focuses on the completion of the company's multi-year growth projects.
According to Intercontinental Exchange , ICE Brent Crude futures achieved a daily volume record of 1 963 147 contracts.
CITGO Petroleum Corporation is launching a new social responsibility programme, the CITGO STEM Talent Pipeline, for students enrolled in elementary school through post-secondary education, and beyond.
Hunt Valve has announced that it has been named as a finalist for the 'Plant Engineering Product of the Year' award.
Energy company CHS, Inc. is continuing to take essential steps that ensure it remains strong and positions its member cooperative and producer-owners for long term success.
CB&I has been awarded a contract by Naftna Industrija Srbije (NIS) for the engineering, procurement and construction management of a delayed coker unit in Pancevo, Serbia.
2017 will likely see prices around the US$55 - 60 a barrel mark, according to Sam Wahab, Director of Oil and Gas Research at Cantor Fitzgerald Europe.
Shell has successfully completed a major growth project at its Scotford refinery near Edmonton that will increase hydrocracker production capacity by 20%.
A new report from Future Market Insights has predicted the oil and gas terminal automation market will be valued at US$850 million in 2016.