Downstream News


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Analyst: New Pipeline in Mexico to Help Relieve Permian Bottleneck
Friday, July 20, 2018 A new natural gas pipeline in northern Mexico should provide needed takeaway capacity for Permian producers.

Court: US EPA Wrongly Denied Biofuel Waiver For W. Virginia Refinery
Friday, July 20, 2018 The US EPA must reconsider its denial of small West Virginia refinery Ergon's application for an exemption from US biofuel laws.

GLOBAL LNG: Prices Slide As Demand Retreats In Japan, China, South Korea
Friday, July 20, 2018 Asian spot LNG prices softened for another week as the focus of purchasing activity switched to September.

Vopak Inks Deal With Engro To Buy 29% Of Pakistan's First LNG Terminal
Friday, July 20, 2018 Vopak says it has inked an agreement with Engro to buy a 29% stake.

Canada 'Won't Rush' Trans Mountain Pipeline Sale
Friday, July 20, 2018 About a dozen parties interested in the Trans Mountain oil pipeline, but the Canadian government won't reach a deal to flip it before a marketing deadline.

API: US Producers, Refiners Made History Last Month
Thursday, July 19, 2018 Domestic crude oil, NGL production hit unprecedented levels in June 2018, according to API.

Kinder Morgan Reports Delay in Georgia Project's Start Up
Thursday, July 19, 2018 The Elba Liquefaction Project near Savannah, Ga., will be starting up a bit later than anticipated.

BC LNG Terminal to Help Struggling Canadian Gas Producers
Thursday, July 19, 2018 A liquefied natural gas terminal in British Columbia will 're-focus people on Canadian gas.'

Williams To Appeal FERC Denial On Penn.-NY Constitution Natgas Pipe
Thursday, July 19, 2018 Williams Cos Inc says its partners still support construction of the Constitution natural gas pipeline.

Russia, China Delay US Push For Halt To Refined Petroleum To N. Korea
Thursday, July 19, 2018 Russia and China delayed a US push for a UN Security Council committee to order a halt to refined petroleum exports to North Korea.

Italy Tells Azerbaijan It Is Committed To TAP Pipeline
Wednesday, July 18, 2018 Italian President Sergio Mattarella has confirmed that Italy is committed to the TAP international gas pipeline.

TransCanada Celebrates Mexico Pipeline Start-up
Wednesday, July 18, 2018 The approximately $1.2B pipeline extends from El Encino, Chihuahua, to Topolobampo, Sinaloa.

ETP Mariner Liquids Pipe Racks Up More Pennsylvania Violations
Wednesday, July 18, 2018 Pennsylvania environmental regulators issue another notice of violation to Energy Transfer Partners LP's Sunoco Mariner East 2 natural gas liquids pipeline.

Socar's Oil Trading Arm Rolls Back Expansion After Weak Profits
Wednesday, July 18, 2018 Azerbaijan's Socar is refocusing its trading arm's activities on LNG and its new Turkish refinery.

Yemen's Houthis Say They Attacked ARAMCO Refinery In Riyadh With Drone
Wednesday, July 18, 2018 The Iranian-aligned Houthi movement in Yemen said it had attacked a Saudi Aramco refinery in Riyadh.

IHS Markit Sees Canadian Oil Sands Growth Moderating After 2019
Tuesday, July 17, 2018 Canadian oil sands production will rise more than half a million barrels per day in 2019.

Permian Pipeline Builder to Challenge US Steel Tariff Exemption Rejection
Tuesday, July 17, 2018 Plains All American Pipeline LP's request for an exemption from steel-import tariffs was rejected by the US government.

Carbon Holdings One Step Closer to Finalize Financing for $10.9B Plant
Tuesday, July 17, 2018 Carbon Holdings hopes to finalize financing for its $10.9 billion petrochemical plant by the end of the year.

Russian Gas Exports Hit a New Summertime Record
Tuesday, July 17, 2018 Russia's natural gas flows to the European Union rise to a record for the time of year.

Offshore Texas Oil Terminal Could Load Asia-, Europe-bound VLCCs
Tuesday, July 17, 2018 One VLCC can hold the equivalent of nearly one-fifth of daily US oil production.

Taiwan's Formosa Restarts Naphtha Cracker; Not Yet At Full-Tilt
Monday, July 16, 2018 Taiwan's Formosa Petrochemical Corp restarted a naphtha cracker late last week.

Sources: Russia Raises Crude Oil Exports From Sakhalin-1 In 3Q
Monday, July 16, 2018 Russia plans to boost crude oil exports from the ExxonMobil-led Sakhalin-1 project to between 260,000 to 266,000 bpd.

Trump: US to Compete With Russia for Europe Gas Market
Monday, July 16, 2018 US President Donald Trump eases his tone about a Russian natural gas pipeline to Germany after a one-on-one meeting with President Vladimir Putin.

Azerbaijan's 1H Gas Exports From Shah Deniz I Fall 3.9% YOY
Monday, July 16, 2018 Exports from the first stage of Azerbaijan's giant Shah Deniz gas field stood at 3.654 billion cubic meters in the first half of this year.

US Oil Boom Delivers Surprise For Traders - And It's Costly
Monday, July 16, 2018 The world's biggest oil traders are counting hefty losses after a surprise doubling in the price discount.

A $15 Billion Oil Bet Is Tough Challenge for Richest African
Friday, July 13, 2018 If Aliko Dangote pulls it off, the project could transform Nigeria's economy.

Saipem-led JV Wins Contract for LNG Project in Nigeria
Friday, July 13, 2018 Nigeria LNG is a venture including Nigerian National Petroleum Corporation and oil majors Royal Dutch Shell, Total and Eni.

China's June Crude Imports at 6-mth Low as 'Teapot' Buying Slows
Friday, July 13, 2018 China's crude oil imports fell for a second month in a row in June to the lowest since December.

TransCanada Says Blast-damaged Leach Natgas Pipe Back in Service on July 15
Friday, July 13, 2018 The Leach shutdown forced producers using the line to find other pipes to ship gas out of the Marcellus and Utica shale regions of Pennsylvania, West Virginia and Ohio.

Weak Start for Vitol's Viva Energy on Australian Bourse
Friday, July 13, 2018 Vitol and its unnamed partners built Viva Energy after buying Shell's former refinery in Geelong near Melbourne and its petrol stations in Australia for $2.6 billion in 2014.

Industry Group Reps Hope US, China Resolve Trade War
Thursday, July 12, 2018 Newest proposed tariffs would affect $200 billion in Chinese imports to the United States.

German Business Group Enraged by Trump Attacks on Nord Stream Pipeline
Thursday, July 12, 2018 "Threats of U.S. sanctions against European companies invested in Nord Stream 2 encroach on European energy policy," said one official.

Pennsylvania Rejects Buckeye Plan to Partly Reverse Fuel Pipeline
Thursday, July 12, 2018 Some Philadelphia-area refiners such as Philadelphia Energy Solutions and Delta Air Lines subsidiary Monroe Energy opposed the reversal.

Kremlin Accuses Trump of Trying to Bully Europe into Buying US LNG
Thursday, July 12, 2018 The Kremlin on Thursday rejected U.S. President Donald Trump's description of Germany as a "captive" of Russia.

Exxon Beefs Up Mozambique LNG Project to Cut Costs Ahead of Bank Talks
Thursday, July 12, 2018 The U.S. oil giant aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north.

LNG Canada Ticking the Boxes Toward Approval, Servicers Say
Thursday, July 12, 2018 A flurry of activity this year in the remote Pacific town of Kitimat, where the facility would be located, has raised optimism that the project will be built.

Libyan NOC Announces Reopening Of Export Terminals
Wednesday, July 11, 2018 Libya's Tripoli-based National Oil Corporation says 4 export terminals were being reopened after eastern factions handed over the ports.

West Texas Refinery Project Adds Solar Component
Wednesday, July 11, 2018 New solar facility could supply electricity to refiner, grid, says MMEX Resources.

Equinor Taps Jacobs for Gas-to-Hydrogen Conversion Study
Wednesday, July 11, 2018 Jacobs to study converting gas-fired plant unit to run on hydrogen.

EPA Scraps Detailed Plan To Force US Refiners To Blend More Biofuels
Wednesday, July 11, 2018 The US EPA ditched a detailed plan that would have forced refiners to blend more biofuels into their gasoline and diesel in 2019.

Saudi Refinery Exports First Gasoline Barrels To US
Wednesday, July 11, 2018 A refinery in Saudi Arabia has shipped its RBOB gasoline to the United States for the first time.

Canadian Oil Executives Downplay Transportation Bottlenecks
Tuesday, July 10, 2018 Executives downplay severity of transportation bottlenecks to move oil in the near term.

CME, Cheniere To Develop First US LNG Futures Contract
Tuesday, July 10, 2018 CME Group says it will develop the first physically deliverable US LNG futures contract as growing worldwide demand has made the United States a key LNG exporter.

Sources: Sale of Canadian Refinery Falls Through As Owners Clash Over Price
Tuesday, July 10, 2018 The sale of a remote Canadian refinery has been scuttled as former oil traders running the company locked horns over the value of the plant, according to sources.

Japanese Refiner Idemitsu Wins Family Backing For Showa Shell Merger
Tuesday, July 10, 2018 Japanese oil refiners Idemitsu Kosan and Showa Shell Sekiyu have agreed to merge on April 1 next year.

OPEC To Canada: Build Pipelines Or Watch Investment Flow South
Tuesday, July 10, 2018 The president of OPEC urges Canada to invest in infrastructure to move oil and gas, or risk watching investment flow away to the United States.

KPC: Asian Refiners Seeking More Oil From Outside Iran After US Sanctions
Monday, July 09, 2018 Asian refiners are seeking alternatives to Iranian oil from Saudi Arabia, Kuwait, the United Arab Emirates and Iraq.

Suncor's Syncrude To Resume Some Output In July, Full Ops In Sept
Monday, July 09, 2018 Suncor says its Syncrude oil sands project in Western Canada will resume some production in July.

Pertamina Discontinues LNG Terminal Project, Seen As Unfeasible
Monday, July 09, 2018 Pertamina has decided not to go ahead with what would have been the country's second land-based receiving terminal.

PDVSA's Oil Sales To US Bounced In June; Caribbean Stocks Drained
Monday, July 09, 2018 Venezuelan crude sales to the United States recovered in June from May.