Refining

Cantor Fitzgerald Europe suggests that further production cuts by OPEC members and other suppliers could push the oil price to as high as US$70/bbl.

CEFC International has announced it will be advancing into Europe's energy market with the successful acquisition of downstream distribution networks in France and Spain.

GAC UK has signed a terminal and marine services deal with Valero Logistics UK Ltd.

James Douglass has been appointed as a Partner at Baker Botts’s London office.

REXA has announced the establishment of a Canadian subsidiary.

Research and Markets has released its latest report, 'Global Oil Storage (Open Top, Fixed Roof, Floating Roof) Market Analysis 2016 - 2025'.

Calumet Specialty Products Partners, L.P. has named D. West Griffin as its new Executive Vice President and Chief Financial Officer.

Turner & Townsend has appointed Aileen Jamieson as the company’s Global Director of Downstream.

According to the latest report from the EIA, crude oil prices increased in 2016, but are still below 2015 averages.

Fluor Corp. has been awarded an EPC contract for ENAP’s Biobío refinery in Chile.

NEL has announced its novel method for calculating Reynolds numbers will help the oil and gas industry reduce the financial burden of heavy oil measurement.

MGX Minerals has announced it has successfully extracted lithium from oil wastewater.

Air Liquide has commissioned an underground hydrogen storage facility in Beaumont, Texas, US.

The HollyFrontier Corporation has announced an update on its fourth quarter (4Q16) refinery maintenance plans.

General Atomics has announced its Gulftronic electrostatic separators have been selected for the Hyundai Oilbank Refinery in the Republic of Korea.