Diesel Stockpiles Threaten Price Recovery
Thursday September 17, 2020 - The oil market has a diesel problem and it's not letting up.
Results 50 articles shown
Diesel Stockpiles Threaten Price Recovery
Thursday, September 17, 2020The oil market has a diesel problem and it's not letting up.
Dakota Access Shutdown Unlikely Through December
Thursday, September 17, 2020The Dakota Access oil pipeline is poised to stay in service at least through December under a new court schedule, assuming the Trump administration doesn't force a shutdown.
Demand Accelerates for Floating Fuels Storage
Wednesday, September 16, 2020Big oil traders are rushing to book tankers with a view to storing a glut of refined petroleum.
LNG Terminal to Nearly Double Middle East Import Capacity
Tuesday, September 15, 2020The Al-Zour plant will allow Kuwait to receive 22 million tons of LNG a year.
Venezuela Turning Pipelines into Scrap Metal
Tuesday, September 15, 2020The Maduro regime is willing to cannibalize Venezuela's crumbling energy infrastructure to pay contractors with scrap metal.
Trump Pledges to Allow E15 Ethanol in E10 Pumps
Monday, September 14, 2020The move is designed to boost support in Iowa and other Midwestern swing states.
Venezuela Imports Iranian Crude Despite US Sanctions
Monday, September 14, 2020An oil tanker is discharging Iranian condensate for Venezuela as both countries continue to avoid US sanction tripwires.
Oil Tanker Firms Grapple with Reversal of Fortune
Sunday, September 13, 2020Check out some of the most popular downstream-related articles on Rigzone from the past week.
Oil Traders Snap Up Tankers
Friday, September 11, 2020Some of the world's biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels.
Gas Traders Hope La Nina Will Bring Harsh Winter
Friday, September 11, 2020The world's natural gas traders are hoping for a brutal winter to help sustain a price rally back from a record-setting slump.
One of the Oldest LNG Deals is Unraveling
Thursday, September 10, 2020One of the world's oldest liquefied natural gas deals may be set to end as buyers face a supply glut and demand uncertainty exacerbated by the coronavirus pandemic.
ADNOC Awards $245MM in Contracts
Thursday, September 10, 2020ADNOC Onshore has awarded two EPC contracts. PHOTO SOURCE: ADNOC
China Set to Boost Crude Reserves
Thursday, September 10, 2020China's next five-year plan beginning in 2021 will call for increases to its mammoth state reserves of crude, strategic metals and farm goods, said officials familiar with the discussions.
Trafigura Envisions East Africa Supply Hub
Wednesday, September 09, 2020Trafigura Group Pte Ltd reported Monday that it plans to transform a Somaliland oil terminal into a regional supply hub.
Merkel Open to Action Against Nord Stream
Tuesday, September 08, 2020Chancellor Angela Merkel opened the door to taking action against the Nord Stream 2 gas pipeline as Germany and its allies mull a response to the poisoning of Russian opposition leader Alexey Navalny.
Floating Storage Comeback Would Be Bad News for OPEC+
Tuesday, September 08, 2020An oil trade that only works when the market is glutted may be about to make a comeback.
$200B Australia LNG Boom Waylaid
Monday, September 07, 2020Cooks on strike and cracked equipment are among the latest maladies to undermine Australia's $200 billion push to become the world's biggest liquefied natural gas exporter.
Saudi Oil Volumes to US Could Stay Low
Sunday, September 06, 2020Here are some of the past week's most popular downstream-related articles on Rigzone.
Major Utility Compares Green Power Cost Scenarios
Saturday, September 05, 2020The cheapest option – adding new gas plants, solar and batteries to the grid – would cut emissions 53% below 2005 levels by 2035.
Neptune Installing Longest Heated Production Pipeline
Friday, September 04, 2020Neptune Energy has begun installing the world's longest heated subsea production pipeline in the Norwegian sector of the North Sea.
Shunning Natural Gas Could Drive Up Hydrogen Price 37%
Friday, September 04, 2020An analysis finds that shunning the use of hydrogen made from fossil fuels completely in the EU would spike the cost of "green hydrogen" for decades.
Oil Supertanker Windfall Disappears
Friday, September 04, 2020An oil supertanker that could earn more than $250,000 per day in March is now earning slightly more than $6,103 per day.
Aibel Wins Hammerfest LNG Contract
Thursday, September 03, 2020The Hammerfest LNG terminal, above, on Melkoya Island near Hammerfest, Norway liquefies gas from the Snohvit field in the Barents Sea. PHOTO SOURCE: Aibel
Aramco Shelves $20B Petchem Plan
Thursday, September 03, 2020Saudi Aramco is shelving multi-billion-dollar petrochemical and gas projects as the state oil giant's determination to preserve its dividend forces it to cut back on major investments.
GM and Honda Plan Gasoline Engine Partnership
Thursday, September 03, 2020The automakers are seeking to cut costs in their core businesses to fund next-generation electric, driverless and connected technologies.
Oil Tanker Off Venezuela at Risk of Sinking
Thursday, September 03, 2020Venezuela reportedly is finding it difficult to secure a vessel on which to empty an oil tanker at risk of sinking off its coast because of U.S. sanctions.
Energy Transfer Adds Permian Takeaway Capacity
Wednesday, September 02, 2020Energy Transfer has completed its Lone Star Express Pipeline expansion project on budget and ahead of schedule.
China Oil Buying Binge Set to Slow Down
Wednesday, September 02, 2020China's record haul of crude is poised to end as state-issued allowances for imports dwindle.
ExxonMobil Unit Shuts Oil Sands Mine After Pipeline Spill
Wednesday, September 02, 2020ExxonMobil's Imperial Oil shut down its oil-sands mine after a spill from a pipeline that supplies diluent to the operation.
Plastics Sector Rides Wave of US Manufacturing Rebound
Tuesday, September 01, 2020U.S. manufacturing expanded in August at the fastest pace since late 2018.
Mastercard Sees US Fuel Spending Uptick
Tuesday, September 01, 2020"Gas spending, restaurant spending, bike-rental spending -- all are improving," a Mastercard adviser stated.
Sale of Suspect Gasoline Wins US Court Approval
Monday, August 31, 2020A legal battle over a gasoline cargo appears to have ended with a court-ordered sale.
Phillips 66 Partners Sets Open Season for Texas Pipeline
Monday, August 31, 2020Gray Oak Pipeline, LLC is launching an open season for crude oil transportation commitments.
Africa's Richest Man Bets on Oil Refinery
Friday, August 28, 2020On a peninsula east of Lagos, 30,000 workers are employed on a project that holds out the promise of transforming Nigeria's economic fortunes.
New Jersey Hikes Fuel Taxes
Friday, August 28, 2020New Jersey's taxes on gasoline and diesel will go up 22% and 19%, respectively.
McDermott Wins Vietnam Pipeline Contract
Thursday, August 27, 2020Delta Offshore Energy has awarded McDermott a contract to provide FEED services for a subsea gas pipeline.
Sasol Shuts Troubled Lake Charles Plant
Thursday, August 27, 2020Sasol shut its $13 billion Lake Charles Chemicals Project due to Hurricane Laura.
LNG Exporters Await Damage Impact from Laura
Thursday, August 27, 2020Cameron and Sabine Pass account for just over half of the United States' LNG export capacity.
IMO Fuels Uncertainty Contributes to Ship Order Slump
Thursday, August 27, 2020Ship owners face paying more for cleaner fuel, retrofitting ships with pollution-reducing scrubbers or even ordering new vessels.
Texas Refineries Avoid Brunt of Laura
Thursday, August 27, 2020Southeast Texas ports and refineries -- including the largest U.S. refinery -- likely avoided the worst of the major hurricane.
New Breed of Refineries Emerging in Asia
Wednesday, August 26, 2020As the age of the hydrocarbon enters its final era, the action increasingly moves to Asia and plastics take center stage.
China May Skip Winter LNG Buying Binge
Tuesday, August 25, 2020Don't expect an LNG buying binge ahead of winter from the world's fastest growing consumer of the fuel.
About 30% of Gulf Coast Refining Capacity Going Offline
Tuesday, August 25, 2020Oil and chemical plants along the Texas and Louisiana coasts are racing to shutter plants before Hurricane Laura makes landfall.
Blackstone to Gain $5B from Cheniere LNG Sale
Monday, August 24, 2020The firm's private equity business is unloading its stake of just over 40% of Cheniere Energy Partners LP.
Rare Gulf Storm Duo Could Prolong Outages
Monday, August 24, 2020Offshore producers face longer shut-ins and onshore refiners face potential flooding.
Glut Reduction May Take A While
Sunday, August 23, 2020Here is a recap of popular Rigzone articles from the past week corresponding to the downstream.
$10B China Refinery Venture Loses Partner
Friday, August 21, 2020Saudi Aramco declined to comment on reports that it has suspended a deal to build a refining and petrochemical complex in China.
EPA Launches Florida Methane Leak Probe
Thursday, August 20, 2020The EPA has started an investigation into whether a Florida methane release this spring violated Clean Air Act requirements.
China Ramps Up US Oil Purchases
Tuesday, August 18, 2020China has ramped up purchases of American crude in the lead-up to a highly-anticipated review of the trade deal between the two economic powerhouses.
Calif. Blackouts Provide Energy Transition Lesson
Tuesday, August 18, 2020The state's rapid shift away from fossil fuels is making it difficult to ensure that the lights stay on.