
Global APC software market to grow
The global advanced process control software market estimated to grow at CAGR 7% between 2016 and 2020.
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The CEO of Gaetano Holdings Ltd and its subsidiary Gaetano Llc, Excellency Youness Fathi, has announced the final acquisition of Komi Oil Ltd.

Axens has been selected as licensor by SOCAR for clean fuel technologies at its Heydar Aliyev Baku oil refinery.

Commercial crude oil inventories in Cushing, Oklahoma, and the US Gulf Coast totalled a record high 309.4 million bbls as of the week ending 27 November.

Hydrodec Group has announced that trains 5 and 6 at its plant at Canton, Ohio, have been successfully started and brought into production.

Refining New Zealand’s new facility in Te Mahi Hou has been completed ahead of schedule.

Tsakos Energy Navigation Ltd has announced a long-term suezmax charter to a major oil concern, which is expected to generate US18.5 million in revenue.

Shell Chemical LP has announced the final investment decision to increase alpha olefins production at its chemical manufacturing site in Geismar, Louisiana.

Euronav NV has announced that the Board of Directors has unanimously appointed Carl Steen as member of the Board and has elected him Chairman.

The leak detection market for oil and gas is expected to grow at a CAGR of 7.1% between 2015 and 2020.