Refining

Tesoro Corporation has closed the previously announced acquisition of Great Northern Midstream LLC, a crude oil logistics provider.

ICA Fluor was authorised to proceed with the engineering, procurement and construction of the Madero Clean Diesel project at the Madero refinery, Mexico.

Wawa is to open its first CNG station in Paulsboro, NJ, in February 2016.

The plant is expected to be running at full capacity from the fiscal year 2017/2018.

Gasoline was the largest segment of the transportation fuel market globally, accounting for more than 40% of the global share in 2013.

Saudi Arabia has been successfully reducing its economic reliance on oil over the past decade.

The average fuel economy of new vehicles sold in the US in December was 24.9 mpg, reflecting the continuing drop in the price of gasoline.

US regular retail gasoline prices averaged US$2.43/gal. in 2015, the lowest annual average price since 2009.

Kuwait has experienced a chaotic week as oil prices rise and fall, settling on a record low of US$24.12/bbl.

Axens has entered into an asset purchase agreement with Scutter Enterprises to purchase assets and technology related to sulfur removal products.

India is set to contribute more than any other country to the rise in global energy demand over the next 25 years.

Amec Foster Wheeler has reported that it has received an EPCM contract from Preem AB for their Lysekil refinery’s new Vacuum Distillation Unit.

Linde engineering companies across North America have announced their intent to reorganise into a single organisation.

Hydrodec Group plc has announced that the transformer oil produced from its Canton re-refinery has achieved '500 hr' oil status.

Lower crude oil prices in 2015 reflected the sustained excess of crude oil supply over global demand.