Product markets will undermine crude, says ESAI Energy
Latest report asserts that global oil supply/demand will be generally balanced in 2019, but product market weakness will build in 2020.
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Latest report asserts that global oil supply/demand will be generally balanced in 2019, but product market weakness will build in 2020.
Investment in front-line oil and gas safety should be reviewed following cost cutting, according to Sofiyan Yahya, Founder and Advisor to MOGCS.
Portfolio review concludes that McDermott’s storage tanks and pipe fabrication businesses are not core to its strategic objectives.
TechnipFMC will undertake EPC work at MIDOR’s existing Egypt refinery.
Project would create first onshore location in the US Gulf capable of servicing fully laden very large crude carriers.
Inter Pipeline subsidiary will acquire a total of 9.1 million bbls storage.
The companies will explore a broad range of potential business opportunities.
Company offers the industry’s widest selection of thermal mass flow meters with digital bus communication capabilities.
Fluor will undertake EPC work at Valero’s Pembroke Refinery.
CIBC will assist with the full project financing for Meridian’s Davis Refinery project.
The total project cost is estimated at US$60 million. The amount of planned debt financing is expected to be worth between US$35 – US$40 Million.
The partners intend to build an additional steam cracker and to further expand their existing 50:50 joint venture, BASF-YPC Company, Limited.