Americas
Project Management: Protect operating margins with outsourced asset management
The oil and gas sector is under pressure to maintain operating margins. Although oil prices have stabilized in recent months, they have, nonetheless, fallen dramatically in the last year. This has bee..
Industry Metrics
Refinery margins weakened in the US due to lower winter demand.
Annual US gasoline use hits eight-year high, but distillate demand drops
Overall, US gasoline demand was 9.2 million bpd in 2015, the most since 2007, US Energy Information Administration (EIA) data showed on Monday.
LNG needs new pricing, rules to realize golden age
There are several factors hurting the industry's fortunes and casting doubts over whether natural gas and LNG will ever see the golden age predicted a few years ago.
IEA: Oil prices have bottomed, but no sharp rise
The price rally will be capped in the medium term by a potential increase in the US shale oil production once a rise in oil prices makes it profitable again.
US chemical activity barometer slips in February
The Chemical Activity Barometer has four primary components, each consisting of a variety of indicators: 1) production; 2) equity prices; 3) product prices; and 4) inventories and other indicators.
Pemex worker dies from petrochemical plant fire
In a statement, Pemex said Jaime Cisneros was badly burned by the fire, which took place in the incinerator area of Petroquimica Mexicana de Vinilo (PMV) in the Gulf state of Veracruz.
US bulk chemical exports to rise in 2016, beyond as new projects start
Recent additions have resulted in a 10-millon ton increase in bulk liquid chemicals in the last year, and by 2025, US bulk liquid chemical additions will expand by over 25 million tons, the report finds.
El Nino’s end offers hope for distillate fuel markets
Global oil refiners struggling with enormous stocks of distillate fuel oil as a result of a warm winter and the slowdown in world trade should benefit as the El Nino pattern fades.
Crude prices rise to seven-week high amid strong US gasoline demand
Strong gasoline demand in the US, and an upward revision to the country's economic growth for the fourth quarter, helped boost expectations of oil consumption.
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