Oil demand back to pre-COVID-19 levels outside aviation
Global demand for oil products has seen strong recovery this year, however, depressed kerosene demand from the aviation sector is a major barrier to full recovery, reports GlobalData.
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Joint research conducted by the World Petroleum Council and Boston Consulting Group suggests that the percentage of women working in oil and gas has stalled at 22%, but the industry has strengthened its commitment to act.
DuPont Clean Technologies has announced that the STRATCO alkylation unit at the Fujian Refining and Petrochemical Co. Ltd refinery has successfully started up.
Seeq has reached an agreement with Saudi Aramco to further expand its operational analytics strategy, as part of the company’s ongoing digital transformation programme.
Mammoet has provided L&T Hydrocarbon Engineering with heavy lifting services for the construction of the Barmer oil refinery and petrochemical complex in Rajasthan, India.
Severn Group has acquired US-headquartered ValvTechnologies – manufacturer of metal-seated, zero-leakage isolation valve solutions for demanding applications.
Anchal Liddar has been announced as the new Senior Vice President of Global Industry Services at API.
Lummus Technology has been awarded a contract from the Gazpromneft Moscow Refinery for two fired heaters.
US jet fuel inventories have fallen below their five-year average as a result of less refinery production in October 2021, and increased jet fuel consumption during summer 2021.
In response to the highest oil prices in 7 years, Biden Administration has authorised the release of 50 million barrels of crude oil from DOE’s Strategic Petroleum Reserve.
