New unit commissioned at Kazakh refinery by late 2015

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.

How important is Ukraine to world seaborne trade?

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.

Why have US crude oil exports surged

The US is benefitting from a shale revolution that in just a few years has transformed the hydrocarbon sector – both for oil and gas. For decades the US had anticipated a bleak future dependent on hydrocarbon imports from often unfriendly nations. Now the talk is of hydrocarbon self-sufficiency.

Expansion of Alaskan ore terminal approved

The Alaska Industrial Development and Export Authority has approved a 7.5Mn project to expand the Skagway Ore Terminal, construction of which is to begin late this summer, with project completion expected in 1Q14.

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