Downstream News

Results 50 articles shown

Now France's Oil Major Is Getting Ready for an Electric Future
Thursday, April 19, 2018 Total's action follows a similar utility acquisition by Royal Dutch Shell Plc in December.

Nord Stream 2 Pipeline Must Balance Interests - German Minister
Monday, April 16, 2018 Germany's aim with respect to the planned Nord Stream 2 pipeline is to enable private infrastructure projects while protecting the justified interests of Ukraine, Economy Minister Peter Altmaier says.

Croatia To Announce Tender Results For Using Planned LNG Plant In Late May
Monday, April 16, 2018 Croatia will announce on May 28 the results of a tender to use capacity at a planned LNG terminal.

Croatia's Krk LNG Terminal Meets Environmental Requirements
Friday, April 13, 2018 A planned LNG terminal on the island of Krk in the northern Adriatic meets environmental requirements, the company leading the project says.

Iran Oil Arrives In Gdansk As Poland Diversifies Supplies
Friday, April 13, 2018 PKN Orlen says that a shipment of 130,000 tonnes of Iranian crude oil has arrived.

Merkel Says Nord Stream 2 Not Possible Without Clarity For Ukraine
Wednesday, April 11, 2018 A gas pipeline planned to run from Russia to Germany through the Baltic Sea cannot go ahead without clarity on Ukraine's role, Merkel says.

Giant Wind Turbines Start to Pay Off and Investors Want More
Tuesday, April 10, 2018 The expanding network of giant windmills in the North Sea - the largest such collection in the world - is turning into a windfall for some bankers helping institutional investors acquire a piece of Europe's renewable-energy market.

Wood Secures Mongstad Refinery FEED Work
Monday, April 09, 2018 Wood is delivering front-end engineering design services for Statoil's Mongstad refinery near Bergen, Norway.

Uniper Monitoring Risks Related To Nord Stream 2
Friday, April 06, 2018 Uniper says it would continue to monitor closely any risks related to Russian gas export pipeline Nord Stream 2.

Gazprom Gets Finnish Approval To Build Nord Stream 2 Gas Pipeline
Thursday, April 05, 2018 Finland has approved the construction of the Nord Stream 2 gas pipeline through Finland's economic zone.

Greece, Paneuropean Oil Agree To Divest In Hellenic Petroleum
Wednesday, April 04, 2018 Greece and Paneuropean Oil and Industrial Holding agree to divest a combined stake of at least 50.1% in Hellenic Petroleum, Greece's biggest oil refiner, via an international tender.

Norway's Gassco To Improve Transparency Of Gas Flows, Outage Reporting
Tuesday, April 03, 2018 Gassco will provide real-time information about gas exiting offshore pipelines at receiving terminals.

EU Lawyers Give Cautious Backing To Bid To Regulate Russian Pipeline
Tuesday, March 27, 2018 EU lawyers gave cautious support this week to a proposal by the bloc's executive to extend its energy market rules to regulate offshore pipelines.

Energy Trader Vitol's Traded Oil Volumes Edged Lower In 2017
Monday, March 26, 2018 The firm increased its traded LNG and LPG volumes.

Subsea 7, Ocean Installer Secure Askeladd Field Work
Thursday, March 22, 2018 Statoil ASA will award contracts to Subsea 7 and Ocean Installer to support the development of the Askeladd field.

Six Dead After Blast At Czech Refinery
Thursday, March 22, 2018 An explosion killed six people at a refinery in the Czech Republic, rescue officials say.

EU Lawmakers Back Draft Rules To Regulate Russia's Nord Stream 2 Pipeline
Wednesday, March 21, 2018 EU lawmakers backed draft rules to extend the bloc's internal energy market laws to offshore gas pipelines.

Merkel Looks to LNG to Cut Germany's Dependence on Russia
Monday, March 19, 2018 Angela Merkel's government is seeking to build a liquefied natural gas industry in Germany basically from scratch.

Russian LNG Exporter Warns Against 'Vilifying' Country's Gas
Friday, March 16, 2018 "We've been vilified for delivering gas to the market," said Novatek's CFO.

European Traders Store Gasoline On Tankers As Glut Looms
Thursday, March 15, 2018 Traders are storing gasoline on tankers off Europe's coast as they struggle to contain a steady rise in supplies since the start of the year that has weighed on prices.

OMV To Spend 10B Euros In Shift Towards Gas, Refining
Tuesday, March 13, 2018 Austrian energy group OMV is ready to spend 10 billion euros to focus more on gas and value-added refined products and grow its business outside Europe, its CEO says.

European Refiner Looks 'Beyond the Fuel Age'
Monday, March 12, 2018 MOL Group carving niche in sharing economy.

Serbia, Russia Revive Gas Pipeline Plans
Friday, March 09, 2018 Russia and Serbia have revived an idea of building a gas pipeline in the Balkan country.

CEO: Shell's Gas Production Could Be Triple Oil By 2050
Wednesday, March 07, 2018 Shell could boost its share of natural gas production to triple that of oil in order to meet self-imposed goals to halve carbon emissions by 2050.

Russian Petrochemical Group Sibur Targets Saudi Aramco Venture
Tuesday, March 06, 2018 Sibur is in talks with Saudi Aramco to set up a venture to produce synthetic rubber.

Russia Must Speed Up European Gas Pipeline Projects Due To Ukraine Dispute
Tuesday, March 06, 2018 Russian Energy Minister Alexander Novak says that Russia should speed up work on agreeing gas export pipeline projects in Europe.

EU Legal Blow To Bid To Regulate Russia's Nord Stream 2 Pipeline
Monday, March 05, 2018 An EU legal opinion has rejected a European Commission proposal to extend the bloc's internal energy market rules to regulate Russia's planned Nord Stream 2 gas pipeline.

Arctic Blast Saps British Gas Supplies, Price Hits High
Friday, March 02, 2018 British gas prices spiked again in volatile trading on Friday as an ongoing cold snap raised concerns about supplies.

EU Clears Italian Support Scheme For Advanced Biomethane And Biofuels
Thursday, March 01, 2018 The European Commission clears a $5.73 billion support scheme in Italy for advanced biomethane and biofuels.

Poland's Plan To Merge State Oil Refiners Faces Opposition In Gdansk
Thursday, March 01, 2018 The Polish government's proposal to merge the country's two state oil refiners faces opposition from the mayor of Gdansk.

Big Freeze Stretches UK Gas Supplies as Prices Skyrocket
Thursday, March 01, 2018 The freezing weather entrenched across much of Europe is stretching Britain's supply of natural gas with fresh snowfall forecast for much of the country.

Poland To Merge Its Two Major Refiners, Lotos Shares Up
Tuesday, February 27, 2018 PKN Orlen signs an agreement with the state treasury to buy at least 53% of shares in rival Grupa Lotos.

You Don't Need Asia To Get $12 For Your Liquefied Natural Gas
Tuesday, February 27, 2018 You don't need to send your liquefied natural gas to Asia to get high prices.

Make Room OPEC: UK Is Set to Become Net Crude Oil Exporter
Monday, February 26, 2018 For all the talk of aging oil fields and shrinking production, the UK is about to achieve a surprising feat.

Italian Government Issues Early Warning Over Gas Supplies
Friday, February 23, 2018 Italy's industry ministry issued an early warning over gas supplies in the country due to exceptionally bad weather.

Transneft: Russian Oil Product Exports From Black Sea Port 'Collapse'
Wednesday, February 21, 2018 Shipments of oil products from a Russian Black Sea port, hit by a managerial conflict, have 'collapsed,' Transneft says.

Siberian Chill Lifts Gas Enough to Revive LNG Trade in Europe
Wednesday, February 21, 2018 Europe's liquefied natural gas dry spell may end thanks to a surprising cold snap.

BP Sees Electric Future With Oil Demand Peaking in 2030s
Tuesday, February 20, 2018 The future is electric for BP, though it's not giving up on oil just yet.

TAP Gas Pipeline To Get 1.2B Euros In Loans From EBRD In 2018
Tuesday, February 20, 2018 The European Bank for Reconstruction and Development plans to allocate loans for the Trans-Adriatic Pipeline (TAP) this year.

Croatia's Krk LNG Project Faces Opposition As Investment Decision Looms
Monday, February 19, 2018 Croatia's plans for a floating LNG terminal on the Adriatic island of Krk require a final investment decision by June if it is to hit a 2020 start target.

Oil Output Cuts And Electric Car Influx Could Hit Russian Economy
Friday, February 16, 2018 Russia's oil-dependent economy could be hit in 2018 by cuts.

France's GTT Sees Recovery Ahead After Rebound In Orders
Friday, February 16, 2018 GTT says that 2017 saw a rebound in orders for LNG carriers.

Big Oil CEOs Appeal to Norway to Back Carbon Capture and Storage
Thursday, February 15, 2018 Three of the world's biggest oil companies called on Norway to help maintain funding for carbon capture and storage technology.

Russia, Saudis May Go Beyond Oil Alliance With LNG Project
Wednesday, February 14, 2018 Russia and Saudi Arabia are seeking ways to amplify the success they’ve had working together.

Med Crude-Baltic Urals And Azeri BTC Diffs Fall On Abundant Supply
Tuesday, February 13, 2018 Urals crude and CPC Blend differentials to dated Brent fall.

Norwegian Police Investigate 2016 Hydrogen Leak At Statoil Refinery
Friday, February 09, 2018 Norwegian police have launched an investigation into a hydrogen gas leak at Statoil's Mongstad refinery, the company says.

Poland Bets on LNG, Norway Gas as Divorce With Russia Looms
Friday, February 09, 2018 Russia's oldest natural gas buyer is ready to break up after more than 74 years.

Croatia's Janaf Strikes Transport Deals Worth $83MM
Monday, February 05, 2018 Janaf reaches transport agreements worth $83 million.

Wingas: German Renewable Power Expansion Will Need Gas As Back-Up
Monday, February 05, 2018 Germany's new target of nearly doubling renewable power's share of its electricity mix by 2030 needs to be backed up by more gas-fired capacity.

Europe Shuns Russian Oil As Boost Of Chinese Flows Hits Quality
Monday, February 05, 2018 European refiners are threatening to cut Russian oil purchases due to worsening quality.