Refining

API believes that EPA’s new refining regulations could cost up to US$1 billion.

HMS Group has announced that it has signed a RUB3.5 billion contract for delivery and installation of compressor units.

BP has a disclaimer in its Macondo spill settlement that could add US$12.6 billion to a takeover price.

According to the EIA, East Coast distillate fuel oil inventories reached 59 million bbls on 18 September.

Rune Fantoft, CEO of Fjords Processing, predicts new opportunities for the oil and gas industry.

Valero Energy Partners LP has acquired the Corpus Christi terminal services business for US$465 million.

“Instead of higher taxes and royalty rates that discourage domestic production, policymakers should follow pro-development energy policies...” API states.

Total has awarded CB&I a contract for ethylene cracker project.

Chairman of the Gazprom Management Committee and Chairman of the RUSNANO Executive Board, had a joint meeting to consider the use of products at Gazprom’s industrial facilities.

The total aggregate consideration at the time of the announcement was CAN$310 million.

Neste Jacobs has been selected to implement Neste's Naantali refinery reconfiguration project in Finland.

Patrick Pouyanné, CEO of Total, will present the company’s strategy and outlook to the financial community.

KBC Advanced Technologies Plc.has released its results for 1H15.

The acquisition will strengthen the company’s automation capabilities.

The company’s Board of Directors has authorised an additional US$200 million share repurchase programme.