Downstream News


Results 50 articles shown

US Midwest Oil Refiners Boost Output, Cut Dependence On Gulf Coast
Monday, October 23, 2017 US refineries from Ohio to Minnesota are capitalizing on access to cheap crude from Western Canada and North Dakota oilfields.

Pennsylvania Gov. Seeks Relief For Local Refiners From Renewable Fuel Rule
Monday, October 23, 2017 Pennsylvania's governor asked US President Donald Trump to ease pressures on oil refiners in his state.

Asia's Oil Hub Going Green With Floating Solar, Storage Systems
Monday, October 23, 2017 Singapore plans to develop solar power and energy-storage technologies as the oil-trading hub of Asia pushes to generate more of its power from renewable sources.

Iraq Adds Oil-Export Facility to Offset Output Drop in Kurd Feud
Monday, October 23, 2017 Iraq began using a new offshore crude-exporting facility to help boost shipments by sea.

UBS, Caisse des Depots Sell Stake In Norway's Gas Pipeline Network
Monday, October 23, 2017 Bank UBS and France's Caisse des Depots have sold their stake in Norway's offshore gas pipeline system.

Asian Prices Drop On Wary Buyers And Lackluster Egyptian Demand
Friday, October 20, 2017 Asian spot LNG prices fell this week.

Egypt Calls for Less LNG in Tender as Domestic Gas Boost Looms
Friday, October 20, 2017 Egypt is paring down its requests for liquefied natural gas.

Could Mexico Be the Next Panama Canal for Gas? Drillers Think So
Friday, October 20, 2017 America's drillers are looking for a cheaper and quicker route.

US Regulator To Monitor Winter Natgas Supply In California, New England
Friday, October 20, 2017 US energy regulators will pay attention to natural gas supply issues in Southern California and New England this winter.

Kemp: US Natural Gas Prices Under Pressure Even As Stocks Tighten
Friday, October 20, 2017 US natural gas stocks continue to tighten, but most traders appear unconcerned.

Venezuela's Deteriorating Oil Quality Riles Major Refiners
Friday, October 20, 2017 PDVSA is increasingly delivering poor quality crude oil to major refiners in the United States, India and China.

EPA Abandons Changes To US Biofuel Program After Lawmaker Pressure
Friday, October 20, 2017 The US EPA has backed off a series of proposed changes to the nation's biofuels policy after a massive backlash.

Iraq's Oil Exports via Turkey Dwindle as Kirkuk Fields Stay Shut
Thursday, October 19, 2017 Crude exports from northern Iraq fell again, and output remained curtailed in the nation's disputed Kirkuk province.

In 'Energy City' USA, Hurricane Harvey's Fury Is Still Lingering
Thursday, October 19, 2017 It took five weeks for the largest US oil refinery to get back to normal after Hurricane Harvey.

Juncker: No EU Unity For Russia Nord Stream 2 Talks
Thursday, October 19, 2017 The European Commission says that despite a lack of unity among member states over Russia's plans for a new gas pipeline to Germany, it would press ahead.

Eni Looks To Strengthen Ties With Rosneft, Maybe In LNG
Thursday, October 19, 2017 Eni is keen to strengthen ties with Rosneft and could forge a partnership in the LNG sector.

Statement: Indonesia To Extend Inpex's Masela LNG Contract By 27 Years
Thursday, October 19, 2017 Indonesia has agreed with Inpex to extend the company's contract to operate the Masela natural gas field by up to 27 years.

Iraq's Pipeline Exports Slump After Clash With Kurds at Kirkuk
Wednesday, October 18, 2017 Oil exports from northern Iraq dropped by more than half as production in the country's disputed Kirkuk province slumped for a second day.

Storm In Western Canada Disrupts Crude Oil Pipelines
Wednesday, October 18, 2017 Two crude oil pipelines in western Canada were shut down on Wednesday after stormy weather caused power outages in parts of Alberta and Saskatchewan.

Kinder Morgan 3Q Revenue Dips On Harvey Impact
Wednesday, October 18, 2017 Kinder Morgan reports a 1.5% fall in quarterly revenue, partly due to the impact of Hurricane Harvey.

America's Shale Gas Guru Seeks Buyers, Only Finds Partners
Wednesday, October 18, 2017 The billionaire evangelist of US natural gas exports is finding himself having some surprising conversations these days.

LNG Producers Take Time To Relax Destination Clauses Despite Japan Ruling
Wednesday, October 18, 2017 Global liquefied natural gas suppliers are taking time to revise destination clauses in supply contracts for Japanese buyers.

Wood to Design Pioneering LNG Platform
Tuesday, October 17, 2017 Offshore facility to liquefy, store gas from Texas' Permian Basin.

Newest Outpost For US Crude Exports: India
Tuesday, October 17, 2017 India is set to emerge as a key market for American crude exports in coming months.

China's CEFC Eyes Big League With Rosneft Oil Offtake Deal
Tuesday, October 17, 2017 For China, the world's top crude importer, having access to Russian oil would be a big step towards its ambition to create a globally integrated oil supply chain.

Small-Scale FLNG Consortium Eyes Australia Pilot Site
Tuesday, October 17, 2017 Norway's Add Energy, Australia's Transborders Energy and other partners will pick a site early next year for a low-cost FLNG development.

Russia's Novatek Says Yamal LNG Seen Expanding By 1 Million Tonnes
Tuesday, October 17, 2017 Novatek plans to expand the Yamal LNG project by one more train.

CEO: MET International Plans To Boost LNG Trades In 2018
Tuesday, October 17, 2017 MET International AG plans to boost its LNG trades in Europe next year.

Capline Owners Gauge Interest in Pipeline Reversal
Tuesday, October 17, 2017 Marathon Pipe Line, Plains All American, BP may convert crude pipeline's flow from northbound to southbound.

OPEC's Output Curbs Squeeze World's Biggest Oil Refining Complex
Monday, October 16, 2017 Being sophisticated in the age of OPEC output curbs can prove a disadvantage, as the operator of the world's biggest oil-refining complex is discovering.

Slowing Demand Growth to Push Big Oil From Cars to Chemicals
Monday, October 16, 2017 Global oil demand growth will slow to a crawl and gasoline use will peak within the next decade, prompting companies to accelerate the shift to natural gas and chemicals, according to WoodMac.

EU Imposes Oil Embargo On North Korea In Symbolic Gesture
Monday, October 16, 2017 The European Union banned the sale of oil and oil products to North Korea.

China's Hengyi Opens Singapore Trade Office For Brunei Oil-Petchem Project
Monday, October 16, 2017 Hengyi Group has started a trading office in Singapore to buy crude and trade oil products from its $3.4B Brunei project, company officials say.

Russell: China Crude Oil Storage Splurge Is OPEC's Best Friend
Monday, October 16, 2017 China's crude oil imports surged to the second-highest on record in September, but this isn't a sign of supercharged demand in the world's second-biggest economy.

Asia Oil Buyers Turn To US In Hunt For Cheap Supply
Monday, October 16, 2017 Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year.

$800 Million Gas Pipeline Proposed As Argentina Preps For Shale Boom
Friday, October 13, 2017 Gas transporter TGS, controlled by Pampa Energía, has proposed an $800 million pipeline and gas treatment plant in Argentina's Vaca Muerta shale fields, a company source says.

US Oil Pipeline Rivals Look To Consolidate West Texas Projects
Friday, October 13, 2017 US pipeline firms scramble to plot new pipelines to take all that petroleum from West Texas to refineries, export hubs and petrochemical plants.

Mercuria: Record US Oil Exports Set To Surge Further
Friday, October 13, 2017 Already record US oil exports are set to surge further in the coming month.

OMV Flags Higher 3Q Margins, Kurdistan Windfall
Friday, October 13, 2017 OMV says its refining margin rose to $7.04 per barrel in the third quarter.

Regulator: Oklahoma Pipeline Breach Spilled 15,800 Gallons of Oil
Friday, October 13, 2017 An accidental breach this week of Centurion Pipeline LP's oil pipeline in Oklahoma spilled 377 barrels of oil before it was repaired.

Court Rejects PGniG's Attempt To Limit Gazprom's Use Of Opal Pipeline
Friday, October 13, 2017 A German court confirmed it had rejected a request by Polish energy company PGniG and its German subsidiary.

Bullish Streak Ends As Buyers Drop Bids On More Supply
Friday, October 13, 2017 Asian spot prices for liquefied natural gas (LNG) fell after six straight weeks of gains.

Fourth Train Complete At Cheniere's Sabine Pass LNG Plant
Friday, October 13, 2017 Cheniere Energy Partners LP says that the fourth train at its Sabine Pass liquefied natural gas plant was substantially complete.

China's CNPC Starts Third Natural Gas Pipeline To Shanghai
Friday, October 13, 2017 China National Petroleum Corporation has started operating the third natural gas pipeline into Shanghai.

Sasol Plans More Hiring for Louisiana Project
Thursday, October 12, 2017 Company hits milestone for $11 billion ethane cracker and derivatives project.

Total Expands Presence in Mexico
Thursday, October 12, 2017 Mexican service station group makes retail deal with Total.

EIA: US Crude Inventories Fall, Gasoline Posts Surprise Build
Thursday, October 12, 2017 US crude oil inventories fell last week as refining rates rose, while gasoline posted an unexpected hefty build, the EIA says.

China Buys Rare Norway LNG Cargo As Spot Deals Rise Ahead Of Winter
Thursday, October 12, 2017 China has bought a rare cargo of liquefied natural gas (LNG) from Norway, Reuters shipping data shows.

Greek Firm Gastrade Signs LNG Deal With State-Owned DEPA
Thursday, October 12, 2017 DEPA signs a cooperation agreement with natural gas company Gastrade to participate in the development of a liquified natural gas terminal.

Shrinking Europe Oil Glut Gets Even Smaller After US Hurricane
Wednesday, October 11, 2017 If you want to see how the oil market's re-balancing, just take a look at Europe's storage tanks.