Refining

Planned maintenance on HollyFrontier’s El Dorado and Cheyenne distillate hydrotreating units, and the Tulsa West crude and lubricants units, is complete.

Enterprise Products Partners L.P has announced that the partnership has increased the loading rate at its liquefied petroleum gas export terminal on the Houston Ship Channel.

SGOCO Group Ltd. has announced its acquisition of Boca International Ltd.

Promoters of Essar Oil Limited have completed the largest privatisation in Indian corporate history with the delisting of Essar Oil Limited at a market valuation of INR 38 000 crore equivalent to US$5.75 billion.

Arc Logistics Partners LP has entered into an agreement to acquire four refined products terminals from Gulf Oil Ltd Partnership.

Research and Markets has released a report on the global compressor oil market from 2015 to 2019.

Research and Markets: Global turbomachinery market outlook for the oil and gas industry – growth, trends and forecasts (2015 - 2020).

Total is launching a ‘Plant 4.0’ corporate incubator to support deployment of digital technologies in its industrial activities.

World oil demand growth of 1.2 million bpd is forecast in 2016, as first signs of a slowdown appear, according to the IEA Oil Market Report.

The global market size of adsorbents, in terms of value, is projected to reach US$4.3 billion by 2020, at a CAGR of 6.3%.

Fitch expects muted global trade growth and the economic slowdown in emerging markets to exacerbate overcapacity, leading to declining and volatile freight rates.

The project scope includes the license and engineering design of a grassroots propane and butane dehydrogenation unit to be built in Dalian, Liaoning Province, China.

A range of measures have been completed at all Rosneft refineries, enabling the transition to Euro 5 standard gasoline and diesel fuel production.

Jacobs has been selected as a global engineering partner to BASF.

A joint venture between CB&I and CTCI Corporation has signed a contract with Oman Oil Refineries and Petroleum Industries Company.