Refining

Siemens has entered into an agreement to acquire software simulation company CD-adapco for a purchase price of US$970 million.

The oil and gas industry is driving the global heat exchangers market due to the increasing number of gas processing facilities, LNG facilities, tankers, and other related infrastructure.

In 2015, sales of low sulfur gas oil and diesel almost tripled at the bunkering port in Rotterdam.

Shut down of two refineries in the southern city of Port Harcourt and Kaduna in the north because of sabotage to crude pipelines.

Pacific Future Energy has announced its has submitted a proposal to BC First Nation governments regarding the build of what the company is claiming as ‘the world’s greenest bitumen-to-fuels refinery’.

Much of the growth in hydrogen use at refineries is being met through hydrogen purchased from merchant suppliers rather than from production onsite.

Petro River Oil Corp. has announced that Petro River UK Ltd, its wholly owned subsidiary, entered into a Farmout Agreement to acquire a 9% interest in Petroleum License PL 1/10 and P2123.

The Theo T tanker, carrying the first shipment of US crude oil for export in 40 years, set sail from the Port of Corpus Christi.

Ballard Power Systems has received a follow on order from Nisshinbo for breakthrough Technology Solutions project.

Pennsylvania has recommended steps for regulatory action to reduce methane emissions from the oil and gas industry.

Total and BP to share industry views at International Petroleum Week.

Generational Equity has announced the acquisition of its client, WB Construction LLC, headquartered in Wichita, Kansas, US, by Strathklyde LLC.

Hebei Zhongjie Petrochemical Group Co. Ltd. and Genoil have signed a comprehensive contract to build one of the world's most advanced residue upgrading refineries.

In 2015, the throughput of crude oil rose to over 100 million t, while the supply and transport of oil products increased to 88.5 million t.

Global oil demand growth flipped from a near five year high in 3Q15 (2.1 million bpd) to a one year low in 4Q15 (1.0 million bpd).