Dakota Prairie refinery commences operations
The Dakota Prairie refinery, the first greenfield fuels refinery built in the US in nearly 40 years, has commenced operations.
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PwC US has said that US oil and gas deal activity stalled in the first quarter of this year due to low oil price environment.
It has been reported that the skills shortage in the energy sector is one of the biggest challenges facing new government.
Syzran Refinery, a Rosneft subsidiary, has switched to Euro 5 diesel fuel as part of a large scale investment programme.
Alon USA reported net income of US$36.5 million for the first quarter of 2015, compared to US$42.2 million for the same period last year.
Albemarle Corporation reported 1Q15 earnings of US$43.1 million, compared to 1Q14 earnings of US$56.6 million.
HollyFrontier reported first quarter net income attributable to stockholders of US$226.9 million for the quarter ended 31 March 2015.
EY has said that oil and gas companies are gearing up for transactions post slump.
Oil and gas equipment and services deal market remains slow as debt offerings lift total to US$2.6 billion for March 2015.
Net income attributable to Western Refining, excluding special items, was US$113.3 million, or US$1.18 per diluted share.
