Refining

The drop in oil prices beginning in June 2014 has had a major effect on drivers’ use of their vehicles.

After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million bbls on 13 March.

Whilst the low price of oil provides challenges for sections of the energy industry, for storage it presents a major opportunity.

A new education module has been developed for first responders to better prevent, mitigate and respond to derailments of trains carrying crude oil.

LPRC has commissioned two newly constructed fuel storage tanks at its facility in Monrovia, Liberia.

Amec Foster Wheeler will provide technical services for Orpic refineries and chemical plants in Oman.

The new scheme gives a concise set of rules to ensure offshore and onshore containers are certified correctly.

The report shows the need to focus more on preventing train derailments as part of a holistic approach to safety improvements of shipping oil by rail.

Business Monitor International takes a brief look at the oil, gas and petrochemicals sector in Russia.

Business Monitor International looks at oil, gas and petrochemicals in the Philippines.

Mangalore Refinery and Petrochemicals Ltd (MRPL) exported Rs.35,392 crore worth of products in 2013 - 2014.

The US Energy Information Administration profiles oil and gas in Angola.

Delek US’ Tyler refinery turnaround has been completed and the refinery is now in the restart process.

Track conditions are a leading cause of train derailments in the US, accounting for approximately one third of all train accidents.

Plains All American Pipeline, L.P. has announced the formation of Caddo Pipeline LLC, a 50/50 joint venture with Delek Logistics Partners, LP.