Refining

A further collection of announcements from companies involved in the oil and gas sector including MOL, Velocys and Rolls Royce.

According to IHS, the Engineering and Construction Cost Index (ECCI) for October eased relative to September, reflecting lower oil prices.

Sabin Metal has announced the addition of a second electric arc furnace and baghouse at its Williston precious metals refining facility.

The US Energy Information Administration reports on changes in the average US gasoline and diesel prices over the past week.

Fluor has reported its financial results for the third quarter of 2014.

A new Energy Information Administration report shows that it is time to act on crude exports.

A selection of announcements from companies active within the oil and gas sector, including ENI, Albemarle and KBR.

A large decline in upstream activity balanced out by a similar percentage rise in downstream activity has been found in a report by EIC Monitor.

According to the US EIA, the US average retail price for regular gasoline was US$ 3.06/gal. at the beginning of this week.

A new report shows that horizontal drilling and fracking was responsible for 48% of US oil production and reduced fuel prices in 2013.

Luay Al-Khatteeb of the Brookings Institution presents an alternative theory in the global debate over falling oil prices.

The API and AFPM submit comments to the EPA on a new refinery ruling.

A quick roundup of some of the latest downstream oil refining and petrochemicals news from around the world.

The Malaysian government is taking advantage of the falling global oil prices to continue its steady reduction of fuel subsidies, says BMI.

News from the global oil and gas sector including tank cleanups, LNG contracts and control solutions.