
The long route around Africa
According to the US Energy Information Administration, the distillate oversupply in Europe is causing some shippers to take the long route around Africa.
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Turner & Townsend has announced it has received the contract to project manage the construction of a major 550 km pipeline, which will run from the port of Djibouti to central Ethiopia.

The seventh annual OPITO Safety and Competence Conference, OSCC 2016, will take place in Kuala Lumpur, Malaysia, on 16 November 2016.

Royal Dutch Shell PLC has announced the restructuring of its North American business for the second time in four months as Chief of the North American business, Marvin Odum, steps down.

The Port of Longview commissioners voted unanimously to end negotiations with Waterside Energy, the backers of a controversial oil refinery and propane export terminal.

Energy Intelligence has announced that H.E. Khalid A. Al-Falih, Chairman of the Board of Directors of the Saudi Arabian Oil Company, has been named 2016 Energy Intelligence Petroleum Executive of the Year.

Tepid global demand and low oil prices are putting pressure on the oil and gas industry.

Beach Energy Ltd has announced the commencement of Mr Matthew Kay as its Chief Executive Officer on 2 May 2016.

Fluor has reported its fourth quarter and full year 2015 results.

The API has released its monthly statistical report, detailing the rise in demand for petroleum.