Oil refinery news

Cantor Fitzgerald Europe suggests that further production cuts by OPEC members and other suppliers could push the oil price to as high as US$70/bbl.

NEL has announced its novel method for calculating Reynolds numbers will help the oil and gas industry reduce the financial burden of heavy oil measurement.

MGX Minerals has announced it has successfully extracted lithium from oil wastewater.

General Atomics has announced its Gulftronic electrostatic separators have been selected for the Hyundai Oilbank Refinery in the Republic of Korea.

After several years of successful research collaboration, Chevron ETC purchased a hydrocracking catalyst testing workflow from hte for the efficient combination of key steps in R&D.

Phoenix Contact and Flowserve have announced they will join Endress+Hauser's Open Integration Partner Programme.

Fluenta’s flare gas monitoring systems will be installed at the Petronas refinery and petrochemical integrated development (RAPID) complex in Southeastern Johon, Malaysia.

Quantum Energy has announced Dominion Energy has successfully contracted for its proposed refinery site in Canada.

McKinsey Energy Insights (MEI) forecasts that until 2020, global refining will move towards lower utilisation and margins as capacity growth exceeds demand.

Delek Refining has announced it will implement Honeywell's connected performance services in order to improve its refinery performance.