Refining

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.

Jacobs Engineering Group has announced it’s acquisition of cyber security firm, The Van Dyke Technology Group, Inc.

Robert Wassmer will be joining Kelvion Holding GmbH as Chief Executive Officer and Managing Director, effective as of 1 July 2016.

In 2015, US crude oil imports from the United States' top foreign oil supplier, Canada, were the highest on record.