Downstream News


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Woodside Sees New Momentum On Long-Delayed Browse Gas Project
Wednesday, April 18, 2018 The long-delayed Browse gas project off Western Australia has gained key support.

Papua New Guinea LNG Project Resumes Exports
Monday, April 16, 2018 A liquefied natural gas (LNG) tanker has left Papua New Guinea laden with the first export cargo of the supercooled fuel since the country's giant LNG project resumed production after a major earthquake.

Russell: 'Fat And Lazy' LNG Buyers Need Producers Help To Boost Demand
Thursday, April 12, 2018 Buyers of LNG have grown 'fat and lazy' on expectations of a surplus of the super-chilled fuel.

Exxon Expects Papua New Guinea LNG Project To Restart In May
Wednesday, April 11, 2018 ExxonMobil Corp expects to restart production from its Papua New Guinea liquefied natural gas (LNG) project at the start of May after it was shut following an earthquake in February.

Indonesia State firm Says Oil Spill Due To Cracked Underwater Pipeline
Wednesday, April 04, 2018 Pertamina says a cracked underwater pipeline was the cause of an oil spill.

Indonesia To Offer Investors A Simplified Tax-Holiday Program
Friday, March 30, 2018 Indonesia will unveil a simplified scheme for tax holidays next week and Pertamina should be among the first to benefit, government officials says.

Japan's Inpex Delays Ichthys LNG Project; Posts Loss On Canada Gas Project
Monday, March 26, 2018 Inpex says it has delayed the start-up of the Ichthys LNG project in Australia.

Oil Search Sees Gobe Plant Operational This Week After PNG Quake
Tuesday, March 20, 2018 Australia's Oil Search Ltd expects its Gobe processing plant and oil export pipeline in Papua New Guinea to be operational later this week, after a deadly earthquake hit last month.

Fire Breaks Out At Fuel Oil Storage Tank In Singapore
Tuesday, March 20, 2018 A fire broke out at a fuel oil storage tank at Tankstore's Pulau Busing terminal in Singapore on Tuesday evening.

Traders: ExxonMobil Buys LNG To Chill Quake-Hit Papua New Guinea Project
Monday, March 19, 2018 ExxonMobil Corp has bought a liquefied natural gas cargo to keep its Papua New Guinea plant cold.

Japan's Inpex Sticks To End-March Start-Up Target For Ichthys LNG Project
Friday, March 09, 2018 Inpex says it has started trial operations at its Ichthys LNG and condensate export facility.

LNG Tanker From Taiwan Bound For Papua New Guinea Diverts To Singapore
Monday, March 05, 2018 A LNG tanker bound for Papua New Guinea from Taiwan has diverted to Singapore.

Exxon Declares Force Majeure On Exports From Papua LNG Project-Source
Friday, March 02, 2018 ExxonMobil Corp declares force majeure on exports from its Papua New Guinea liquefied natural gas project, an industry source familiar with the matter says.

Exxonmobil Says No Indication Of Damage To Papua New Guinea Pipeline
Wednesday, February 28, 2018 A 7.5 magnitude earthquake has already led to Exxon shutting its $19 billion LNG facility, Papua New Guinea's biggest export earner.

Billionaire Miner, Japanese Plan Australia LNG Import Plant
Monday, February 26, 2018 Billionaire miner Andrew Forrest and two of Japan's biggest power utilities plan to build a LNG import terminal in Australia.

Australia's Santos Profit Soars, Flags China LNG Sales Push
Wednesday, February 21, 2018 Santos reports a more-than-fivefold rise in annual underlying profit.

Five-year Ichthys Contract Goes to Wood
Tuesday, February 20, 2018 Wood wins Ichthys engineering services contract.

Thai Energy Giant PTT FY Profit Up 43% At $4.3B, Beats
Tuesday, February 20, 2018 PTT FY credits profit increase to higher selling prices for oil and a strong performance at its chemical and refining businesses.

A Year Into OPEC's Production Cuts, Asia's Oil Markets Have Tightened
Thursday, February 15, 2018 Just over a year into production cuts lead by OPEC and Russia, oil markets in Asia have tightened noticeably.

Australia Grabs Gasoline From 14,500 Miles Away in Rare Trade
Wednesday, February 14, 2018 Australia is pulling gasoline from 14,500 miles away in Europe.

Austria's Gas Hub Targets Further Sharp Volume Rise In 2018
Thursday, February 08, 2018 Austria's natural gas hub CEGH aims to raise volumes by at least 12%.

Chevron Sells First Condensate Cargo From Australia's Wheatstone LNG
Monday, February 05, 2018 Chevron Corp has sold the first condensate cargo to be exported from the Wheatstone LNG project in Australia to Thailand's PTT, 3 sources with knowledge of the matter say.

Thai Bangchak Plans $3.5B Investment By 2022 For Expansion
Thursday, February 01, 2018 Bangchak Petroleum plans to spin off its biofuels unit later this year.

Malaysia's Petronas Offers New Bergading Condensate For March
Thursday, January 25, 2018 Petronas has offered 350,000 barrels of new condensate grade Bergading for loading in March, a tender document reviewed by Reuters showed.

Chevron Faces Emissions Review At Wheatstone LNG In Australia
Wednesday, January 24, 2018 Chevron Corp could face tougher emissions curbs at Wheatstone LNG in Western Australia after the state reviews environmental conditions imposed on the $34-billion project.

Samsung Wins Contract for Thailand Olefins Project
Wednesday, January 24, 2018 Officials with PTTGC and Samsung Engineering sign the EPCC contract for the former's Olefins Reconfiguration Project. SOURCE: Samsung Engineering.

Woodside Bullish On Australian Pluto LNG Expansion Prospect
Thursday, January 18, 2018 Woodside Petroleum expects to reveal plans for expanding its prized Pluto LNG project and connecting it to the North West Shelf LNG complex soon.

UK Firm Intertek Says Employee Involved in Shell Oil Theft Case
Wednesday, January 17, 2018 Muhammad Ali bin Muhammad Nor faces two charges of conspiring with Shell employees as part of a scheme to steal oil from Shell's Palau Bukom industrial site, court documents show.

Indonesia To Open Over Billion Dollar Tender For Borneo Gas Pipelines
Tuesday, January 09, 2018 Indonesia will open a tender in 2018 for the development of three pipelines to transport and distribute gas.

Shell Says Fire Extinguished At Singapore Refinery-Petchem Plant
Monday, December 11, 2017 Shell says a fire at its Singapore refinery-petrochemical site was extinguished on Sunday.

China's Hengyi To Increase Singapore Staff To Push Oil, Coal Trade
Thursday, December 07, 2017 Hengyi Industries International Pte plans to expand its team in Singapore to buy crude and coal as well.

Triangle Energy Detects ASP Pipeline Leak
Friday, December 01, 2017 Australia based exploration and production company Triangle Energy (Global) Ltd detects a water leak in its onshore water injection pipeline at the Arrowsmith Stabilisation Plant (ASP).

Shell LNG Plant In Queensland, Australia To Undergo Maintenance-AEMO
Friday, December 01, 2017 Royal Dutch Shell's Queensland Curtis liquefied natural gas (LNG) production plant will undergo a partial maintenance outage on May 7-27, 2018.

Inpex Halts Construction At Australian LNG Site After Worker Dies
Thursday, November 30, 2017 Inpex halted construction work at an onshore site in Australia for the huge Ichthys LNG project after a worker died in an accident there.

Pertamina Signs JV Deal With Russia's Rosneft For New Tuban Refinery
Tuesday, November 28, 2017 Pertamina Signs JV Deal With Russia's Rosneft For New Tuban Refinery

Santos Seen Luring More Bids After Rejecting $7.2 Billion Offer
Thursday, November 16, 2017 A bid for Santos may trigger counter offers for the Australian oil and gas producer that has stakes in some of the world's cheapest LNG.

Japan's JERA Imports First LNG Cargo Shipped From Chevron's Wheatstone Site
Monday, November 13, 2017 Japan's JERA Imports First LNG Cargo Shipped From Chevron's Wheatstone Site

Bullish Oil And Tight Supply Lift Asian Spot LNG Market
Friday, November 10, 2017 Asian spot LNG prices rose this week on already tight supply and production outages in Australia and was further buoyed by climbing crude oil prices.

Australia's North West Shelf LNG Export Plant Suffers Partial Outage
Friday, November 10, 2017 Australia's North West Shelf LNG export plant suffered a partial outage on Friday morning.

As Oil Booms, World's Top Importer Signals Demand Will Boom Too
Wednesday, November 08, 2017 Oil investors discouraged by Wednesday's data showing a retreat in Chinese crude imports can find cheer in another figure released.

PTT Global Chem Profit Beats On Higher Sales Volume, Refining Margins
Wednesday, November 08, 2017 PTT Global Chemical reports a 60% jump in third-quarter profit.

Japan's Inpex Says Ichthys LNG Project On Track For March Start
Wednesday, November 08, 2017 Inpex is on track to begin production at its offshore Ichthys liquefied natural gas project in Australia.

Oil At $70/Barrel Already A Reality For Some As Asian Premium Bites
Tuesday, November 07, 2017 The rising demand for crude oil that can more easily produce transportation fuels when refined has some Australian and Malaysian producers boasting cargoes valued at close to $70 a barrel.

Japan's Osaka Gas Plans Resales Of 3 Million Tonnes Of LNG By 2020
Wednesday, November 01, 2017 Osaka Gas plans to raise its resales of LNG to third parties to 3 million tonnes a year by 2020, a top executive says.

Australia's Origin Energy Quarterly Output Revenue More Than Doubles
Tuesday, October 31, 2017 Australia's Origin Energy Ltd says its quarterly gas production revenue rose 58 percent from a year ago.

Australia's Wheatstone LNG Facility Exports First Cargo To Japan
Tuesday, October 31, 2017 Australia's Wheatstone LNG project, after starting production earlier this month, has shipped its first export cargo to a buyer in Japan.

JERA's New LNG Contract With Petronas Foretells Smaller, Shorter Deals
Wednesday, October 25, 2017 Petronas signs a three-year LNG supply agreement with JERA.

Thailand Looks To Boost LNG Imports As Local Output Dwindles
Wednesday, October 25, 2017 Thailand expects a seven-fold increase in the amount of LNG it imports via long-term contracts.

Pertamina: Indonesia To Become LNG Importer In 2020 As Population Grows
Wednesday, October 25, 2017 Indonesia is expected to become a net importer of liquefied natural gas in 2020 as its population grows.

PFI: Petronas, Aramco Seeking $8B For Malaysian Project
Wednesday, October 25, 2017 Petronas and Saudi Aramco are seeking to raise $8B for a refinery and petrochemical complex via a bridge loan, PFI reports.