Saudi Aramco has let a contract to KBR Inc. to provide technology for a supercritical solvent deasphalting (SDA) unit as part of a residue upgrading and clean fuels project at its 126,000-b/d refinery in Riyadh, Saudi Arabia. Source: News
Fitzgerald named International Petroleum COO
Daniel Fitzgerald has been promoted to chief operating officer of International Petroleum Corp., Vancouver, BC. Source: News
MARKET WATCH: NYMEX oil price ends week back above $60/bbl
Light, sweet crude oil prices on the New York market increased to end the week of Mar. 29 with a settlement back above $60/bbl after Reuters reported Russia was growing uneasy with existing production cut levels. Source: News