Biorefinery market to surpass US$790 million by 2019
The increasing need for environmental sustainability and energy independence is driving the biorefinery market growth globally, between the period of 2014 and 2019.
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Stocks of distillate fuel oil in the Central Atlantic have risen nearly every week since April, reaching 36.9 million bbls as of October 30, according to EIA data.
Chevron has reported its highest US refining profits for the first nine months of the year – US$2.6 billion as compared to US$1.7 billion for the same period last year.
Calumet Specialty Products Partners LP has reported a net loss for the 3Q15 of US$48.9 million, or US$0.68 per limited partner unit.
Alon USA Energy Inc. has announced results for the 3Q15: net income available to stockholders for the third quarter of 2015 was US$41.9 million.
In an over supplied competitive market, oil refiners are investing heavily in revamping their capacity to produce more of premium products such as ultra low sulfur diesel.
HPS has announced a five-year agreement to provide maintenance, support and project delivery to Refining NZ.
EnerMech has become the first company to be accredited by the Engineering Construction Industry Training Board (ECITB) to deliver Mechanical Joint Integrity (MJI) training courses in Australia.
According to the EIA, US propane production has increased and domestic demand has remained relatively flat.
Permasense has reached a milestone by securing its one hundredth customer.
