Refining

The latest downstream company announcements.

PIRA Energy Group presents analysis of oil market fundamentals for the week ending 2 November.

A look at the competitiveness of Romania’s oil and gas sector with Business Monitor International.

Lower oil prices are driving improved margins in Europe after years of poor returns that have driven significant consolidations of the industry.

The Institute for Energy Research seeks to explain recent global oil price declines and forecast their effects.

The latest downstream news from around the world.

According to the US Energy Information Administration, US gasoline prices move with Brent rather than WTI crude oil.

Edward Davey, Secretary of State for Energy and Climate Change, has released a statement in response to the IPCC report on climate change.

Blasch’s VectorWall is to become the standard for MECS.

Chevron has reported earnings of US$ 5.6 billion (US$ 2.95 per share – diluted) for Q3, 2014, compared with US$ 5.0 billion in the 2013 third quarter.

Chevron has been awarded a contract by Shandong Sincier Petrochemical for three hydroprocessing units.

According to Business Monitor International, oil prices at US$ 60/bbl would have a harmful impact on Sub-Saharan Africa’s economic growth outlooks.

Earnings in the period rose 3% from the third quarter of 2013, driven by higher margins and improved operations in the downstream and chemical businesses.

The International Energy Agency reports that strong incentives on energy access and renewable energy as well as subsidy reform reflect the Moroccan government’s determination to fulfill the aims of its Energy Strategy.

Record breaking numbers attended Tank Storage Asia this year.