Global Energy Industry News

U.S. petroleum refineries running at record levels

July 24, 2014
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Source U.S. Energy Information Administration Weekly Petroleum Status Report U.S. refineries have been processing record volumes of oil recently. Refinery inputs hit a recordhigh 16.8 million bar

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Source: Oil Voice […]

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Alan Boeckmann to join the BP board

July 24, 2014
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The board of BP p.l.c announced that it has appointed Mr. Alan Boeckmann as a nonexecutive director with immediate effect. Mr. Boeckmann was previously Chairman and Chief Executive Officer of Fluor C

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Source: Oil Voice […]

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Are Swiss trading houses turning into banks? Not quite

July 18, 2014
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(Reuters) – The world’s top trading houses appear to be quickly turning into commodity finance banks, by lending billions of dollars to clients as a decades-long dominance of French banks shrinks.

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Source: Reuters

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Test Sales Approved in Madagascar

July 17, 2014
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Madagascar Oil is pleased to announce that the Company’s wholly-owned subsidiary, Madagascar Oil
S.A. (”Madagascar Oil SA”), has been advised, via a “Communique de Presse: Conseil des Ministres” (the
“Communique”), that the decree approving test sales of Tsimiroro crude oil in the local market was […]

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