Refining

Sumitomo Chemical will license its technologies of manufacturing polypropylene (PP) and propylene oxide (PO) to South Korea’s S-OIL Corp.

The leak detection market for oil and gas is expected to grow at a CAGR of 7.1% between 2015 and 2020.

Iran will have finished the construction of three petrochemical units by March 2016, and is working on three more.

The relationship between India and the IEA took a further step forward on 27 November with the launch in New Delhi of the India Energy Outlook.

Alimak has received an order from the Middle East for industrial elevators to be installed in an oil refinery.

The Honorable Dr. Emmanuel Kachikwu, Minister of State Petroleum Resources of Nigeria and senior NNPC officials met with a diverse group of government officials and leading energy companies to debate potential investment opportunities in Nigeria.

US retail regular grade gasoline prices continue to decline, averaging US$2.09/gal. as of 23 November, US$0.73 lower than this time last year.

Questar has received approval from the Utah and Wyoming public service commissions to include natural gas-producing properties under the Wexpro II Agreement.

Dr Colin Brown, Director of Engineering at the Institution of Mechanical Engineers, has responded to the UK government’s spending review.

The collapse in crude oil prices over the past year is taking its toll on the economies of most oil producing nations in the Middle East.

The increasing use of low sulfur content fuels will boost the growth of newer emissions control technologies such as addition of fuel additives.

Blume Distillation and Thomro Investments have announced their plans for a joint MoU to implement a new LRF biorefinery in Zambia.

Chinese refiners are looking to get more product out of every barrel of oil, especially the hard to refine bottom of the barrel residue, over the next decade.

The United Refining Company has released its financial results for the end of year fiscal 2015.

Hints from industry insiders suggest that oil prices will rise again.