BIMCO: tanker shipping market overview
Supported by slow fleet growth and ongoing positive refinery margins, VLCC earnings in 1Q16 were up from a year ago, but down from 4Q15.
Supported by slow fleet growth and ongoing positive refinery margins, VLCC earnings in 1Q16 were up from a year ago, but down from 4Q15.
Tesoro’s total refining throughput increased by 86 000 bpd compared to the first quarter of 2015.
LUKOIL has obtained an approval of the General Board of State Expert Review for the engineering project of light oil products delivery to the OAO AK Transneft pipeline transportation system in Kstovo.
Blends of petroleum-based gasoline with 10% ethanol, commonly referred to as E10, account for more than 95% of the fuel consumed in motor vehicles with gasoline engines.
US demand for corrosion inhibitors is forecast to rise 3.1%/y to US$2.8 billion in 2020, while volume will approach 1.7 billion lbs.
Harald Großmann, Sulzer Neuss Service Center, looks at the maintenance challenges facing petrochemical refineries and how to improve asset performance and reliability.
Baker Botts LLP has announced that Stuart Jordan has joined the firm’s London office as a partner in the Global Projects Group.
Middough Inc. has announced the addition of John M. Alexander and Alan H. Yarosh to the company’s team.
Since June 2014, decreases in crude oil and natural gas prices have reduced household energy costs in the US.
Zenith Energy and Grupo Coremar have completed the first phase of the Palermo Tanks Terminal in Colombia.
Bechtel has signed a license agreement with Assiut Oil Refining Company for the process design of a delayed coking unit at the Assiut refinery in Egypt.
Genscape launches crude oil daily price assessment for Bakken crude at Beaver Lodge, North Dakota.
The first commercial installation of Honeywell’s UOP MaxEne Process has successfully entered production at the Sinopec YPC facility in Nanjing, China.
ExxonMobil have announced its financial results for 1Q16, earning US$1.8 billion in 1Q16.
Phillips 66’s businesses ran well, and the company remained focused on operating excellence with industry leading safety performance.