Refining

Petronas has recorded a group pre-tax profit of RM6.8 billion for 1Q16, 60% lower than the RM17.0 billion posted in 1Q15.

Texas A&M University – Corpus Christi (TAMU-CC) recognised CITGO Petroleum Corporation for its commitment to supporting the next generation of engineers.

The Economist Intelligence Unit has announced that it maintains its forecast that Brent will average US$40/bbl in 2016.

The AFPM has released a statement discussing its disappointment with the Supreme Court’s refusal to hear ExxonMobil’s MTBE challenge.

The global IT spending market in the oil and gas industry is expected to grow at a CAGR of around 1% during the period 2016 - 2020, according to Technavio.

CITGO Petroleum Corporation partnered with preservation organisation Artist Boat to host a volunteer workday at the Coastal Heritage Preserve in Galveston.

The new Hydrogen Services business helps customers improve the reliability and productivity of their own hydrogen plants.

Afton Chemical Corporation has announced the opening of its engine oil additives production plant in Jurong Island.

Jacobs has won a general engineering services contract for SATORP in Saudi Arabia.

Seair Inc has received a significant purchase order from SNC-Lavalin Inc for ultra high efficiency gaseous diffusion technology.

The lawsuits were filed following the explosion and fire that occurred at a heat exchanger unit inside ExxonMobil’s Beaumont, Texas, refinery.

Karen G. Narwold has been promoted to Executive Vice President and Chief Administrative Officer of Albemarle, effective immediately.

Atlas Copco has expanded its ZH oil free centrifugal compressors range with high end turbo technology.

Eneco has achieved water/oil fusion for the first time via a plasma fusion fuel refiner.

ECOSLOPS has announced the signing of a long term XFO (light bitumen) supply contract with SOPREMA.