ADNOC lifting petrochem, oil-flow capacities

Abu Dhabi National Oil Co. plans to increase its petrochemical-production capacity to 11.5 million tonnes/year (tpy) in 2025 from 4.5 million tpy at present while expanding its capacity to produce crude oil. Source: News


Survey: UK oil, gas job losses continue, but optimism grows

The continuation of a global industry slump that began in mid-2014 has resulted in more than two-thirds of UK oil and gas industry employers shedding staff over the past year, including operators by 15% and contractors by 7%, according to the UK’s 25th Oil and Gas survey. Source: News


Aydt to succeed Pierson as MPLX operations VP

Timothy J. Aydt will succeed the retiring Craig O. Pierson as vice-president of operations of MPLX LP general partner MPLX GP LLC and president of MPLX subsidiary Marathon Pipe Line LLC effective Jan. 1. Source: News


Flavin appointed Concord Energy CEO

Matt Flavin has been named chief executive officer of Concord Energy Holdings LLC, a Denver-based energy services firm. Source: News


Militancy takes toll on Nigerian oil

Resurgent militancy has cost Nigeria more than 130 million bbl of crude oil since January, according to an official of the Lagos Chamber of Commerce and Industry as reported in the Nigerian press. Source: News


GAO: Advanced biofuel to miss RFS targets

Limits on supply of advanced biofuels will keep the US from meeting statutory requirements of the controversial Renewable Fuel Standard (RFS), concludes a study by the Government Accountability Office. Source: News