Refining

The average fuel economy of new vehicles sold in the US in January 2016 was 25.1 mpg.

Tesoro Corporation announced that Kim K.W. Rucker will join Tesoro as Executive Vice President, General Counsel and Secretary.

Murphy USA has announced a US$85 million sale price for its crude oil CAM pipeline system.

The API has launched an online tool to connect veterans with job opportunities in the oil and gas industry.

Honeywell’s UOP process technology and equipment is helping Pakistan Refinery Limited (PRL) increase its production of high quality gasoline.

Vertex Energy, Inc. has sold its Nevada facility to Clean Harbors for US$35 million, in order to settle debts with Goldman Sachs.

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.