Improved resource efficiency is required to drive the oil and gas IT spending market
The global IT spending market in the oil and gas industry is expected to grow at a CAGR of around 1% during the period 2016 - 2020, according to Technavio.
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Karen G. Narwold has been promoted to Executive Vice President and Chief Administrative Officer of Albemarle, effective immediately.
ECOSLOPS has announced the signing of a long term XFO (light bitumen) supply contract with SOPREMA.
Aruba’s Energy Minister has announced a signed MoU with Citgo Petroleum to reopen the island’s refinery.
thyssenkrupp Industrial Solutions has announced the company’s reorganisation plans.
Preem and Beowulf Energy LLC (US) have signed a cooperation agreement to examine the possibilities of a new residue hydrocracker plant in Lysekil.
Sundyne has announced its new gearbox conversion programme.
The current high value of alkylate presents refineries with a number of ways to capitalise on the low cost of typical and non-traditional feedstocks alike.
Global oil supplies rose 250 000 bpd in April from the preceding month to 96.2 million bpd, according to IEA data.
The IER has analysed the EIA’s 2016 International Energy Outlook, finding fossil fuels will remain the world’s dominant fuels through to 2040.
