Refining

Petrofac has selected MECS’ DynaWave scrubber technology for sulfur dioxide removal at the PETRONAS facility.

ASD Global has become an AspenTech technology provider partner.

Lack of winter heating oil demand has pushed distillate inventories above 160 million bbls as of early April.

As a result of this acquisition, Yokogawa will strengthen its position as an eminent player in the industrial automation sector.

OriginClear and Cobalt Aqua Control have begun sales of their crude oil sweetening liquid in Texas.

Dais Analytic has introduced NanoClear, a new way to clean contaminated water.

Rosneft and Avtodor plan to build and operate at least four retail sites as part of the Tver MFZ network.

The API has supported legislation to allow drones to provide safety inspections to facilities in the oil and gas industry.

Atlas Copco has introduced a new compact oil-water separator for the GX range of workshop compressors.

Growth in global oil demand will ease to around 1.2 million bpd in 2016, below the 1.8 million bpd expansion of last year.

Komax Systems has launched it’s new mixer to move markets forward with its unique technology.

Territory acquired the assets in February 2015 and has since increased production from approximately 100 bpd to approximately 380 bpd.

Intergraph® Process, Power & Marine has completed the acquisition of HostSure, a fast growing technology provider of cloud services.

The US Energy Information Administration forecasts that US drivers will pay an average of US$2.04/gal. this summer for regular gasoline.

The Organisation for Petroleum Exporting Countries (OPEC) has released its April 2016 Monthly Oil Report.