Refining

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.

While prices may climb further in the very near-term, WisdomTree expects that any gains will be short lived, with US production likely to ramp up to exploit higher prices.

New international regulations limiting sulfur in fuels for ocean-going vessels have further implications for both refiners and vessel operators at a time of high uncertainty in future crude oil prices.

Ceiba Energy Services has announced the opening of the Kaybob waste fluid facility in Alberta, Canada.

The conference decided to implement a new OPEC-14 production target of 32.5 million bpd, in order to accelerate the ongoing drawdown of the stock overhang and bring the oil market rebalancing forward.

Nick Leung, Research Analyst at WisdomTree, previews the OPEC Vienna meeting and explains why this may produce short term tactical opportunities for oil investors.

Sempra Energy subsidiaries have announced filing for a Federal application to construct natural gas liquefaction and export facilities for the Port Arthur LNG project in Texas, US.

MHI has announced it has been named to build a large scale polyethylene plant project for ExxonMobil in Beaumont, USA.

On 24 November 2016, an agreement for the supply of natural gas was signed between the Leviathan Partners and the Paz Ashdod Refinery Ltd.

Correct information is critical when planning any upcoming maintenance actions, process improvements and turnarounds with thousands of field devices.

Gener8 Maritime, Inc. has announced the succesful delivery of its Gener8 Theseus ECO VLCC.

UK manufacturers could inject an additional £2.56 billion into the UK economy, cut energy consumption and boost their energy resilience by increasing investment in energy technology.

MAN Diesel & Turbo will deliver two turbomachinery trains to a refinery approximately 450 km south of the Iranian capital Tehran.