Preem lets contract for Lysekil refinery

Swedish refiner Preem AB, a wholly owned subsidiary of Corral Petroleum Holdings AB, Stockholm, has let a contract to Amec Foster Wheeler (AFW) for the planned expansion of vacuum distillation capacity its 11 million-tonne/year refinery in Lysekil, Sweden. Source: News


PNR to stay the course in Spraberry-Wolfcamp in 2016

Pioneer Natural Resources Co., Irving, Tex., plans a preliminary 2016 capital program of $2.4-2.6 billion, allowing the company to maintain overall production growth boosted by its Spraberry-Wolfcamp acreage. Source: News