Refining

According to GlobalData, falling oil prices underline OPEC’s diminishing influence.

Cenovus and Sasol have announced how they are to respond the low oil prices.

A look at some of the latest oil refining and petrochemicals news from around the world.

Recent changes in the taxation of Russia’s oil and gas sector reflect both the country’s pivot eastward and the special treatment of its state controlled energy companies.

According to PwC US, the values of oil and gas deals in the USA hit a 10 year high of US$321.5 billion in 2014.

New online sealing technology resource centre for oil and gas engineers.

Dresser-Rand has announced the launch of a new website.

The American Shale & Manufacturing Partnership (ASMP) has issued a report that builds a path forward for a US manufacturing renaissance.

According to Business Monitor International (BMI), China’s crude oil boom covers up a slowdown in refined oil.

Ametek has released its fourth quarter 2014 record results.

Announcements from the global oil and gas sector.

The US Energy Information Administration (EIA) highlights gasoline and diesel price movements over the past week.

New patterns emerging as energy demand growth decoupled significantly from GDP growth for the first time in 2014.

According to the EIA, crude oil prices for near term delivery declined substantially more than prices for delivery further into the future.

According to the Brookings Institution, low crude oil prices have given India’s energy policy a new lease of life.