Petrobras has added the proposed sale of subsidiary Pasadena Refining Systems Inc.’s (PRSI) 100Kbd Pasadena refinery in Texas.
Pakistan State Oil, the nation’s biggest importer of petroleum products, plans to build the country’s largest refinery to process 200-250Kbd making it, it expands into crude oil processing.
The purpose-built town of Leigh Creek in South Australia's Flinders Ranges is facing an uncertain future after Alinta Energy’s coal mine it was created to support closed down in late 2015. Two power stations in Pt Augusta fed by the mine are also set to close.
A new sulphur production unit at is planned to be put into operation one of the Kazakh biggest oil refineries – PetroKazakhstan’s Shymkent refinery by late 2015, as part of the refinery modernisation project.
Both Europe and Russia claim to be trying to neutralise the internal conflict in Ukraine. However, they may not be able to prevent the conflict escalating to a level that causes this east/west facing country to pull apart. If the country were to fragment, it may have implications for world trade.