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Oil refinery news

 

KBC paves the way for a sustainable future

Rolando Gabarron and Michelle Wicmandy, KBC – A Yokogawa Company, explain how advanced digital technologies and cloud solutions streamline oil operations.

 
 
 
 

Australasia: a trimmed down downstream

Nancy Yamaguchi, Contributing Editor, discusses Australia’s retreat from refining and the consequent impact on regional oil trade.

 
 
 
 

EIA expects relatively flat crude oil prices in 2024 and 2025

The EIA forecasts average annual crude oil prices in 2024 and 2025 will remain near their 2023 average, with global supply and demand for petroleum liquids expected to be relatively balanced over the next two years.