Refining

In EIA’s December Short Term Energy Outlook, both the West Texas Intermediate (WTI) and Brent crude oil 2017 price forecasts increased by about US$1/bbl from November.

The API has welcomed the Senate’s action to approve the Water Infrastructure Improvements for the Nation (WIIN) Act that would improve America’s maritime infrastructure.

Phoenix Contact and Flowserve have announced they will join Endress+Hauser's Open Integration Partner Programme.

Fluenta’s flare gas monitoring systems will be installed at the Petronas refinery and petrochemical integrated development (RAPID) complex in Southeastern Johon, Malaysia.

Quantum Energy has announced Dominion Energy has successfully contracted for its proposed refinery site in Canada.

Fluor has announced the placing of the final module at the Suncor East Tank Farm development project in Alberta, Canada.

Magellan Midstream and LBC have announced they're expanding Seabrook Logistics' Houston Gulf Coast crude oil and condensate marine terminal and pipeline infrastructure.

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.