Refining

Aberdeen, Scotland will receive a £250 million investment from the UK Government for the oil and gas industry

According to the API, the demand for petroleum rose by 1.1% in December 2015.

Total has reinforced its Marketing & Services presence in the Caribbean with the acquisition of a majority 70% interest in the leading Dominican fuel retailer.

Lower oil and gas price forecasts impacted the BASF Group’s financial performance in 2015.

The oil and gas flow computer market was valued at US$727.7 million in 2014, and it is estimated to reach US$1.04 billion by 2020.

Permasense has announced stellar growth results for 2015 with revenues totalling US$10 million, a 35% y/y increase.

A change to the North Sea Brent crude oil futures contract will alter the way prices for Brent futures are compared to futures prices for WTI crude.

The rules proposed by the Colorado Oil and Gas Conservation Commission (COGCC) conflict with the Task Force’s original recommendations, according to the CPC.

Public sector oil firms Indian Oil Company, BPCL, HPCL and EIL will invest US$22 million in India's biggest refinery on the west coast.

KBR, Inc. has been selected by Shell to utilise KBR's ROSE® solvent deasphalting technology for use at the Pernis refinery in Rotterdam.

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’.