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Refining

 
 

Iran to supply refineries in EU

Plans to build oil refineries in Europe, with Iranian investment and crude oil, have almost been finalised.

 
 
 
 
 
 
 

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.