ExxonMobil announces 2015 reserves additions
Exxon Mobil Corp. has announced it added 1 billion boe of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids.
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ConocoPhillips has announced the retirement of Jeff Sheets as Executive Vice President, Finance and Chief Financial Officer after more than 35 years with ConocoPhillips.
Albemarle Corporation reported 4Q15 earnings of USUS$174.3 million, or USUS$1.55 per diluted share.
Calumet performed well in 2015, as demonstrated by improved operational reliability at its facilities and higher sales of refined products
The base oil market is projected to reach US$41.68 billion by 2020, at a CAGR of 0.95% from 2015 to 2020.
The contract was awarded by Dong Ying Haike Ruilin Chemical Co. Ltd for use at the Dong Ying Port Economic Development District.
Construction of the coker unit at the CHS refinery in McPherson began in March 2013 and took nearly 2.8 million man-hours to complete.
While recent international discussion between OPEC and non-OPEC countries have improved oil prices, Iran has objected claiming an output freeze would be ‘illogical’.
Twin Eagle Sand Logistics LLC has announced that it has commenced commercial operations at the Permian Rail Park.
Woodside Petroleum Ltd has detailed its financial results for 2015, stating a NPAT of US$26 million.
