Refining

Hosted under the patronage of Her Excellency Sheikha Lubna Al Qasimi, Minister of International Cooperation and Development, 2015’s conference includes a keynote address by H.E. Sheikha Lubna.

The region’s largest dedicated event for terminal operators, oil companies, traders and regulators, will return to Hamburg Messe on 25 - 26 November 2015.

LyondellBasell has announced that Thomas Aebischer has been appointed Executive Vice President and Chief Financial Officer (CFO) effective 1 January 2016.

According to the ACCF, the free trade of America's abundant energy resources would provide an invaluable opportunity for the United States to help strengthen and stabilise global energy markets.

Green Plains Partners LP and Delek US Holdings have announced that they are to form a joint venture to construct an ethanol unit train terminal in Maumelle, Arkansas.

Aegean Marine Petroleum Network Inc. has announced that it has entered into a new US$120 million credit facility for its wholly-owned subsidiary, Aegean Oil Terminal Corp. arranged by local United Arab Emirates banks.

CB&I has announced that its 3Q15 net income was US$163.8 million, on an adjusted, non-GAAP basis, or US$1.54 per diluted share.

The increasing need for environmental sustainability and energy independence is driving the biorefinery market growth globally, between the period of 2014 and 2019.

Total has signed a memorandum of intent with local authorities to build a rail line to bypass the Donges refinery in western France.

Petro River Oil Corp. has announced, as a part of its restructuring process, that Stephen R. Brunner has agreed to join the Petro Rivers' Executive Management Team.

Stocks of distillate fuel oil in the Central Atlantic have risen nearly every week since April, reaching 36.9 million bbls as of October 30, according to EIA data.

Chevron has reported its highest US refining profits for the first nine months of the year – US$2.6 billion as compared to US$1.7 billion for the same period last year.

Calumet Specialty Products Partners LP has reported a net loss for the 3Q15 of US$48.9 million, or US$0.68 per limited partner unit.

Alon USA Energy Inc. has announced results for the 3Q15: net income available to stockholders for the third quarter of 2015 was US$41.9 million.

In an over supplied competitive market, oil refiners are investing heavily in revamping their capacity to produce more of premium products such as ultra low sulfur diesel.