Refining

A brief review of the news from the downstream sector over the weekend.

A roundup of the latest downstream news headlines.

A collection of US Senators have written to the President opposing lifting the crude export ban.

On 16 July, a BNSF crude oil train derailed in rural northeastern Montana, prompting the evacuation of surrounding homes.

Golder Associates has hired a new Managing Director in the UK and Ireland, Dr Elisabeth Culbard.

United Refining Company reported net income of US$34.7 million for the quarter ended 31 May 2015.

While no significant moves can be forecast, oil prices are unsustainable at current levels, which will likely spur change in the form of pullbacks and consolidations.

Prolonging the service life of large motors and generators can deliver significant improvements in their life cycle cost as well as operational savings for production facilities.

The American Petroleum Institute has said that US petroleum demand increased during June and in Q2 of this year overall.

A quick round up of some of the latest oil refining news stories from around the world.

Electro hydraulic actuators are delivering improved safety at India’s tank farms.

The EU Commission has proposed an update for energy efficiency labelling and a revision of the EU Emissions Trading System.

The American Council for Capital Formation (ACCF) has released a new paper: ‘US Resource Nationalism: The Impact of Energy Trade Restrictions on National Security’.

A round up of some of the latest refining news from around the world.

Rail and pipeline shipments of crude oil from the Rocky Mountain region have steadily increased alongside regional crude oil production.