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Oil prices rise due to fall in US crude stocks and low Chinese output

2016-10-19 01:00:00| Offshore Technology

Oil prices have increased by around 1% following a fall in US crude stocks and low production in China.

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Kashagan oil field's onshore processing plant in Kazakhstan ships first batch of crude oil

2016-10-18 01:00:00| Hydrocarbons Technology

Italian oil and gas company Eni has announced that the first batch of export crude oil was shipped from the giant Kashagan oil fields onshore processing plant.

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Oil prices rise as Indian crude imports increase

2016-10-12 01:00:00| Offshore Technology

Oil prices have increased due to a rise in Indian crude imports and following discussions between Organisation of the Petroleum Exporting Countries (OPEC) producers and other exporters to cut production to help end global oversupply.

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Report: China and Nigeria have biggest planned crude distillation unit expansions by 2020

2016-09-30 01:00:00| Hydrocarbons Technology

Planned and announced refinery projects will bring global crude distillation unit (CDU) capacity by 2020 to 115.2 million metric barrels a day (mmbd), representing a growth of approximately 16.5% compared to the current capacity of 98.9mmbd, accordin

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Sunoco Logistics Partners acquires Vitols Permian Basin crude oil system in West Texas

2016-09-28 01:00:00| Hydrocarbons Technology

Sunoco Logistics Partners has signed an agreement for the strategic acquisition of Vitols Permian Basin crude oil system in West Texas for approximately $760m.

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