Crude oil
Petrofac, Tecnicas Reunidas likely to win Saudi Aramco deals
British oilfield services company Petrofac and Spain's Tecnicas Reunidas are likely to win contracts to build projects for state oil giant Saudi Aramco's Uthmaniyah and Ras Tanura plants.
EIA: US crude oil exports are increasing and reaching more destinations
The number of countries receiving exported US crude oil has risen since the removal of restrictions on exporting US crude oil in December 2015.
PDVSA sees future in consolidation with China
People’s Minister of Petroleum and President of Petroleos de Venezuela SA, Eulogio Del Pino, highlighted the importance of China-Venezuela bilateral relations to guarantee growth.
Big Dakota pipeline to give Gulf Coast refiners another option for crude supply
The Dakota Access pipeline will open in Q4, giving refiners along the Gulf Coast another option when looking for crude.
Oman says new refinery capacity to cut crude oil exports
Oman's crude oil exports will drop by about 50 Mbpd when new refining capacity comes onstream in the northern city of Sohar by early 2017.
Welspun receives $47 M order for Diamond Pipeline
Diamond Pipeline LLC, a joint venture between Plains All American Pipeline and Valero, has submitted an order for more than $47 M in coated 20-inch pipe to Welspun in Little Rock, Arkansas.
As US crude wobbles near $40, new oil rally in doubt
Oversupply, refining cutbacks and a breakdown in the oil/dollar trade may spell an end to this year's rally.
Column: Why is oil market rebalancing taking so long?
Rebalancing the oil market is proving a long and frustrating process.
Oil edges up after slide, but glut still weighs
Oil edged higher Wednesday after hitting its lowest since April the previous day, supported by an industry report showing a fall in US inventories and a weaker dollar.
Industry Metrics
Asia refining margins fell despite strong regional demand.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
