Downstream News


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Australia No Longer Expects Gas Shortfall Before 2030
Friday, June 22, 2018 Australia no longer faces a looming gas shortage, according to estimates from the nation's energy market operator.

Sources: EPA To Propose 19.88B Gallon Biofuels Mandate, Up 3%
Friday, June 22, 2018 The US EPA will propose setting a 19.88-billion-gallon biofuels blending mandate in 2019 under the Renewable Fuel Standard (RFS).

Document: Curacao Refinery Seeks Temporary Operator To Replace PDVSA
Friday, June 22, 2018 The government-owned Isla refinery in Curacao is seeking a company to immediately replace Venezuela's state-run PDVSA as operator.

Govt Source: ADNOC To Sign Deal On Monday For Stake In Indian Refinery
Friday, June 22, 2018 ADNOC will sign an agreement with Saudi Aramco and Indian companies for an up to 25 percent stake in a planned $44 billion refinery.

Mongolia Launches Construction Of First Oil Refinery With Indian Aid
Friday, June 22, 2018 Mongolia launches construction of its first oil refinery, a long-awaited project that is funded by India and designed to end the country's dependence on Russian fuel.

Tankers Can Now Tank Up at Houston NGL Terminal
Friday, June 22, 2018 Fueling capabilities eliminate extra stop for deep-draft vessels, says Enterprise CEO.

Sources: US EPA Considers Delaying Friday Biofuel Announcement
Thursday, June 21, 2018 The US Environmental Protection Agency (EPA) is considering delaying an announcement expected on Friday.

Thick Sea Ice Blocks LNG Exports From Russia's Arctic Plant
Thursday, June 21, 2018 Thick sea ice is impeding Arctic shipments of LNG from Russia's newly-built export plant in Yamal.

Power Outage Affects Syncrude Oil Sands Output
Thursday, June 21, 2018 A power disruption at Syncrude's Mildred Lake, Alberta, crude oil upgrading site has affected operations.

Vietnam Arrests More Oil Executives Amid Corruption Crackdown
Thursday, June 21, 2018 Police in Vietnam arrested four executives of state oil firm PetroVietnam's subsidiaries on suspicion of embezzlement.

Unfracked Wells Growing as Permian Pipe Scarcity Worsens
Thursday, June 21, 2018 Pipeline bottlenecks in North America's biggest oil field are so pervasive that drillers are quitting new wells at a record pace. And it's about to get a lot worse.

Pioneer Chairman Says Permian Faces Shut Ins on Pipe Shortage
Wednesday, June 20, 2018 The biggest US shale region will have to shut wells within four months because there aren't enough pipelines to get the oil to customers.

TransCanada Keystone XL May Be One Oil Pipeline Too Many
Wednesday, June 20, 2018 TransCanada's Keystone XL may be one pipeline too many for Canada, at least for now.

Sources: EPA To Propose Reallocating Waived Biofuels Volumes To Other Refin
Wednesday, June 20, 2018 The US Environmental Protection Agency will propose reallocating biofuel blending obligations.

EIA: US Crude Stockpiles Slump, Fuel Builds Amid Record High Refinery Run
Wednesday, June 20, 2018 Gasoline and distillate inventories grew as refineries' crude runs rose to their highest on record seasonally.

Vitol Launches Viva Energy Float, Australia's Biggest In 4 Years
Wednesday, June 20, 2018 Vitol kicked off the planned $3.7B float of its Australian refinery and fuel supply network Viva Energy.

Two-Thirds of American Voters Say they Should Not Pay for Electric Vehicles
Tuesday, June 19, 2018 A survey by American Energy Alliance reveals that most Americans are not in favor of paying for people's electric vehicle purchases.

US Oil Pipeline Companies, Producers Seek Relief From Steel Tariffs
Tuesday, June 19, 2018 Major US energy companies are among many seeking exemptions from steel-import tariffs as the US ratchets up trade tensions.

Russia's Oil Export, Refinery Plans Point To Increase In Output
Tuesday, June 19, 2018 Ahead of a meeting with Saudi Arabia and other producers, Russia already plans to increase oil exports.

NOC Head: Libya Port Attack Cut Output By 400,000 Bpd
Tuesday, June 19, 2018 Libya has lost some 400,000 barrels per day of oil production in recent days because of militant attacks.

California Looks To Boost Natgas Stored In SoCalGas Aliso Canyon
Tuesday, June 19, 2018 California utility regulators recommended increasing the amount of natural gas that SoCalGas can inject into its Aliso Canyon storage facility.

Sources: Spain's Repsol Hires Tanker For Iran's Pars Oil As Sanctions Loom
Tuesday, June 19, 2018 Repsol has hired Malta-flagged suezmax Mabrouk to ship the first export parcel of Pars oil.

Baytex to Buy Raging River in $1.2B Oil Sands Deal
Monday, June 18, 2018 Baytex Energy Corp. agrees to buy rival western Canadian oil producer Raging River Exploration Inc.

Curacao Refinery Runs Slow As PDVSA Port Backlog Starts To Ease
Monday, June 18, 2018 The 335,000-barrel-per-day Isla refinery operated by PDVSA is working at minimum capacity while waiting for new shipments of Venezuelan crude, sources say.

ExxonMobil Considers Importing LNG To Australia
Monday, June 18, 2018 ExxonMobil is considering importing LNG.

Trafigura Signs Second Storage Agreement With Singapore LNG Corp
Monday, June 18, 2018 Trafigura signs a second deal with Singapore LNG Corp.

What's Not on China's Tariff List? Smog-Controlling US Gas
Monday, June 18, 2018 In punching back against US tariffs, China included almost all energy-related commodities on a list of its retaliatory actions.

US Approves Work On EQT Mountain Valley Natural Gas Pipe
Monday, June 18, 2018 US federal energy regulators approve EQT Midstream Partners LP's request to proceed with construction.

Chevron Starts Second Production Unit at Wheatstone LNG in Australia
Friday, June 15, 2018 Chevron Corp has started producing liquefied natural gas (LNG) at the second unit of its $34 billion Wheatstone development, marking the completion of its two megaprojects in Australia after cost-blowouts and delays.

Pipe Dream? Chevron, Woodside Vie to Shape Australia's LNG Sector
Friday, June 15, 2018 After spending a decade and billions of dollars developing Australia's vast gas reserves, Chevron and Woodside are at odds over the pace and timing of the next leg of expansion.

China Cuts Subsidies for Some Renewable Power Projects - Finance Ministry
Friday, June 15, 2018 Some Chinese biomass and waste-to-energy plants will no longer be eligible for renewable energy subsidies.

Centrica, Tokyo Gas Join Anadarko's Mozambique LNG Project as Buyers
Friday, June 15, 2018 Centrica and Tokyo Gas have signed a non-binding agreement to buy liquefied natural gas from Anadarko Petroleum's Mozambique project, a move that will bring the US company closer to a final decision on the development.

Norway to Discuss Construction of its First Floating Wind Farms Next Week
Friday, June 15, 2018 Norway's energy minister will meet with companies to discuss the potential construction of offshore floating wind farms.

TransCanada Fixes Part of Leach Xpress Natgas Pipe after W.Va. Blast
Friday, June 15, 2018 TransCanada Corp's Columbia Gas Transmission (TCO) unit said it fixed a section of the Leach Xpress natural gas pipeline downstream of a pipe blast in West Virginia.

EPA Won't Force Refiners to Make Up Waived Biofuels Volumes
Friday, June 15, 2018 The U.S. Environmental Protection Agency said it cannot make large oil refineries blend additional biofuels into their gasoline to make up for volumes waived under the small refinery hardship waiver program, unless Congress authorizes it.

Refiners Find Financial Rewards from Digital, But More Value Awaits
Friday, June 15, 2018 An Accenture report finds there is additional value in digital technologies that refiners have not yet taken full advantage of.

Enbridge Endorses Two Alternatives for Great Lakes Pipeline Replacement
Friday, June 15, 2018 Enbridge endorsed either an underwater tunnel or trench to replace a section of its 65-year-old energy pipeline that travels under a stretch of the U.S. Great Lakes in Michigan.

Israel, Egypt Gas Partners Near Deal to Control EMG Pipeline
Thursday, June 14, 2018 The companies developing Israel's largest natural gas fields and an Egyptian partner are close to a deal that would give them control of the pipeline to Egypt.

Libyan Oil Exports Impaired as Some in OPEC Seek More Supply
Thursday, June 14, 2018 Two of Libya's biggest oil ports stopped loading crude after armed forces clashed nearby, taking more barrels off the market.

Pennsylvania Allows ETP Mariner East 1 Pipeline To Resume Service
Thursday, June 14, 2018 Pennsylvania's PUC votes to allow Energy Transfer Partners LP's Sunoco Mariner East 1 natural gas liquids pipeline to return to service.

Galp Says Little Impact From Portuguese Refineries Strike
Thursday, June 14, 2018 Galp Energia's refineries continued to operate this week with little impact from a strike.

Potential Cushing Bottleneck Could Increase US Oil Discount
Thursday, June 14, 2018 An emerging bottleneck at the key storage hub in Cushing, Oklahoma, is making US futures vulnerable to a drop, traders and analysts say.

'Clear Challenge' in Permian Relates to Shortage of Available Takeaway
Wednesday, June 13, 2018 Rigzone highlights some of the upcoming challenges for oil and gas firms in the Permian.

US Crude, Gasoline Inventories Drop Sharply
Wednesday, June 13, 2018 US crude oil inventories fall more than anticipated last week, while gasoline and distillate stocks surprise with unexpected declines, EIA says.

Platts Receives First Transparent Bid In LNG Pricing Process
Wednesday, June 13, 2018 S&P Global Platts has received its first transparent bid for LNG in its pricing process.

Phillips 66 To Expand Texas Natural Gas Liquids Project
Wednesday, June 13, 2018 Phillips 66 says it plans to spend up to $1.5 billion on the expansion of its natural gas liquids project.

Sources: China's Hengli Buys Brazilian Oil Ahead Of Refinery Start-Up
Wednesday, June 13, 2018 Hengli Group has bought its first crude oil cargo from Brazil.

Shell Feeds Gas To Australia's New Prelude Floating Unit
Wednesday, June 13, 2018 Shell has introduced gas to its Prelude FLNG unit.

TransCanada Working On Leach Xpress Natgas Pipe After W. Va. Blast
Wednesday, June 13, 2018 TransCanada's Columbia Gas Transmission (TCO) unit says it is working on a section of the Leach Xpress natural gas pipeline downstream of a pipe blast in West Virginia last week.

Adviser: Leftist Presidential Hopeful Would End Brazil Oil Refining Monopol
Wednesday, June 13, 2018 The leading leftist candidate in Brazil's presidential race, Ciro Gomes, would end the refining monopoly of Petrobras, a senior adviser says.