The US posted a second consecutive year of record oil production growth in 2013 with its surging shale industry balancing out supply disruptions to underpin an unprecedented period of stable global oil prices, BP said Monday. US output ...
Tags: oil production, oil supply
China's refinery crude throughput over January and February dipped 1% year on year to 78.78 million mt, or an average of 9.79 million b/d, according to preliminary data from the country's National Bureau of Statistics released Thursday. ...
With US refineries expanding their capacity to process more domestic light oil in the coming years, the US Energy Information Administration on Tuesday said it expects refinery crude inputs to reach 15.52 million b/d this year and 15.61 ...
Tags: US Refinery, Domestic Production, light oil
The global oil market is currently well supplied but growing demand pressures and ongoing disruptions in some OPEC producing countries could soon reverse a recent spate of softer oil prices, the International Energy Agency said Thursday. ...
Tags: Oil Prices, oil market
GE has introduced a new corrosion protection technology specifically designed for refinery boiler and steam condensate systems. GE’s Steamate™ low salt amine (LSA) product series offers enhanced steam-side corrosion protection ...
BP on Wednesday raised its estimate of global energy demand in 2030 and predicted that shale natural gas, tight oil and biofuels will play an increasingly important role in meeting the world's energy needs. World energy demand will ...
Tags: BP, global energy demand, natural gas, oil, biofuels