Refining

Total captured the benefit of the recovery in oil prices since the start of the year, and adjusted net income rose to US$2.2 billion in the second quarter of 2016.

Anadarko Petroleum Corp. has announced its financial and operating results for 2Q16, including a net loss attributable to common stockholders of US$692 million.

A total of 43 crude and natural gas projects are expected to start operations in Sub-Saharan Africa by 2025, of which 31 are crude and 12 are natural gas.

In 2Q16, BASF saw a slight improvement in the macroeconomic environment, underlined by the recent increase in oil price and pickup in demand.

ExxonMobil has announced plans to increase production of ultra low sulfur fuels at its Beaumont refinery by approximately 40 000 bpd.

The EIA has released its ‘Monthly Energy Review’ for July 2016, offering summary data on energy production, consumption, stocks, trade, prices, and emissions.

Chu Kong Petroleum Natural Gas Steel Pipe Holdings Limited has been awarded a price agreement to supply approximately 40 000 t of steel pipes for the Refinery and Petrochemical Integrated Development project.

Turkey’s largest oil refiner is using Honeywell UOP technology to boost diesel fuel production at its facility in Izmit, Turkey.

CB&I has been awarded the license and engineering design of a grassroots alkylation unit by PT Pertamina (Persero).

Compared with a year earlier, the underlying second quarter result was impacted by lower oil and gas prices, and significantly lower refining margins.

Dais Analytic has reported to be on-track with its shipments for Aqualyte™-based water treatment units capable of producing 20 tpd.

Schlumberger has announced its results for the second-quarter 2016.

Petrobras has signed a sale and purchase agreement with the Southern Cross Group for 100% of Petrobras Chile Distribuición Ltda.

Increasing the production of US oil and natural gas resources is vital to the nation’s economic and national security, and that of its allies, according to the API.

Primary energy consumption fell slightly in 2015, as a decline in coal use exceeded increases in natural gas, petroleum and renewables use.