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Refining

 
 
 
 

Increase in US crude oil storage and capacity

Commercial crude oil inventories in Cushing, Oklahoma, and the US Gulf Coast totalled a record high 309.4 million bbls as of the week ending 27 November.

 

Wood Group to acquire The Infinity Group

Wood Group has agreed to acquire The Infinity Group (Infinity), an industrial construction and maintenance contractor serving the petrochemical, refining and gas processing sectors.

 
 
 
 
 

New employment for Suezmax Tanker

Tsakos Energy Navigation Ltd has announced a long-term suezmax charter to a major oil concern, which is expected to generate US18.5 million in revenue.

 
 
 

Growth in biofuel enzymes market

Spurred by second generation feedstock, the biofuel enzymes market is growing, according to BCC research.

 

Euronav announces Board changes

Euronav NV has announced that the Board of Directors has unanimously appointed Carl Steen as member of the Board and has elected him Chairman.