Refining

Hydrodec has entered into a lease agreement for a 9 acre site near Eastham Locks, Port Wirral, which will be used for the development of a used oil re-refinery.

HIMA has released its financial results for the fiscal year 2014.

IHS’ Oilsands 2020 Production Forecast has said that growth continues but at a slower pace due to lower oil prices.

Without the announced merger between Royal Dutch Shell and BG Group, the value of deals in 2Q15 would have totalled only US$31 billion.

Fitch Ratings has said that lifting the US crude oil export ban will not be a threat to refiners in the near term.

FMC Technologies reported a 15% y/y decline in 2Q15 revenue, primarily due to the continued decline in the North American land market.

Blasch Precision Ceramics introduces abrasion resistant CeraLine™ product line for oilsands and fracking operations.

OPITO is looking to help build workforce skills and Ion Science is on a recruitment drive.

Recent announcements from companies active in the global oil and gas sector.

CITGO sponsored a delegation of 40 orchestra students to participate in musical activities celebrating the 40th anniversary of Venezuela's El Sistema.

The Tesoro Foundation has made a two year, US$200 000 grant to the San Antonio Prefreshman Engineering Program (PREP).

PIRA Energy Group looks at recent movements in the global oil market.

Kline has said that China is strengthening its grip, while Malaysia is the rising star in the Asia Pacific finished lubricants market.

The basis for controlling the burn efficiency in flare began to take hold in the 1980s as the EPA concluded that flares that are properly designed and operated can result in combustion efficiencies in excess of 96.5%.

Renewable Energy Group will invest US$31 million to upgrade and enhance the company’s biodiesel refinery based in Danville, Illinois.