Refining

PBF Energy’s Delaware City refinery experienced a plant-wide, unplanned shutdown on 24 January 2016, due to loss of power during a severe winter storm.

EY’s global oil and gas transactions review 2015 evaluates the oil and gas industry and how global deal volume fell short of expectation.

With sanctions now lifted, Ashburton Investments assesses the next steps in Iran’s comeback to world energy markets.

ExxonMobil’s Downstream and Chemical segment results highlighted the strength of the integrated businesses.

PBF Logistics has announced its acquisition of four East Coast refined product terminals from Plains All American.

Tesoro Corporation reported record full year net earnings from continuing operations of US$1.5 billion, or US$12.39 per diluted share.

Zenith Energy has announced that it has signed an agreement to acquire a liquids storage terminal facility in Amsterdam from BP plc.

According to a new TechSci Research report, the industrial gases market in Saudi Arabia is estimated to cross US$1.6 billion by 2021.

Matrix Service Company has announced it has successfully acquired Baillie Tank Equipment to form Matrix Applied Technologies.

Emerson’s automation technologies will help BP’s Whiting refinery avoid extensive downtime while improving two units at the largest refinery in the Midwest.

Underlying replacement cost profit for the full year was US$5.9 billion, compared with US$12.1 billion reported for 2014, down 51%.

EnerMech Australia has signed a distribution agreement with Parker Hannifin, the world’s largest motion and control technologies company.

Phillips 66 generated US$1.5 billion in cash from operations in 4Q15, with the Refining segment achieving 94% utilisation.

Companies are using Tank World Expo 2016 to launch new innovations and technologies to the Middle East and African markets.

Chevron Corporation reported a loss of US$588 million for 4Q15, compared with earnings of US$3.5 billion in 4Q14.