Downstream News


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Sources: UK Oil Terminal Closure Delays Brent Cargoes In May, June
Friday, May 04, 2018 North Sea Brent crude cargoes for loading in May and June have been delayed.

UK's Brent Oilfields Halt Output Due To Terminal Closure
Thursday, May 03, 2018 North Sea oilfields connected to the Brent oil pipeline have stopped production due to a shutdown at the UK's Sullom Voe oil terminal.

North Sea Forties Crude Oil Pipeline Restarts - Spokesman
Thursday, February 08, 2018 Oil and natural gas have begun flowing again from the Forties pipeline in the North Sea, following a brief outage the previous day.

Britain's Biggest Oil Pipeline Shut For Second Time In Two Months
Wednesday, February 07, 2018 Britain's biggest and most important oil and gas pipeline Forties was shut for a second time in two months on Wednesday.

North Sea Catcher Area Development Sells First Export Cargo
Wednesday, January 24, 2018 The first export cargo of oil from the North Sea Catcher Area development, containing approximately 500,000 barrels, has been sold at a premium to Brent.

Scottish Government Launches Low Carbon Innovation Fund
Monday, January 22, 2018 The Scottish government is launching an $83 million fund to 'keep Scotland at the forefront of low carbon innovation'.

Forties Oil Pipeline Crack Under Investigation by UK Regulator
Thursday, January 04, 2018 The U.K. Health and Safety Executive is investigating the causes of a crack in a key North Sea oil pipeline.

Forties Pipeline System Now Fully Operational
Tuesday, January 02, 2018 The Forties Pipeline System is now fully operational following repair work on the asset, Ineos has confirmed.

Premier's New Oil Field Offers Relief After UK Pipe Halt
Wednesday, December 27, 2017 A new UK North Sea oil field came online last week, offering one of the country's largest independent operators some relief.

World's Most Important Oil Benchmark Feels Strain of Pipe Crack
Thursday, December 21, 2017 When a vital North Sea oil pipeline cracked earlier this month, it did more than halt the flow of barrels.

Forties Pipeline System Repairs Scheduled to Complete by Christmas
Thursday, December 21, 2017 Repair work on the Forties Pipeline System is scheduled to complete around Christmas based on current estimates.

Ineos Presses Ahead With Crude Pipeline Repairs
Wednesday, December 20, 2017 Ineos says repairs to Britain's Forties crude pipeline are underway.

Ineos Says Forties Oil Pipeline Repair Timeframe Unchanged
Tuesday, December 19, 2017 The timeframe to repair Britain's Forties crude oil pipeline in the North Sea remains 2-4 weeks.

Ineos Sticks To 2-4 Week Forties Pipeline Repair Estimate, Assessing Damage
Monday, December 18, 2017 Repairing Britain's Forties crude oil pipeline in the North Sea is still expected to take two to four weeks, operator Ineos said.

UK Forties Oil Cargoes Delayed For Weeks By Pipeline Shutdown
Friday, December 15, 2017 The loading dates of Forties crude cargoes, which help set the global Brent benchmark, have been delayed by at least two weeks

Forties Pipeline System Crack 'Stabilized'
Thursday, December 14, 2017 The small hairline crack in the Forties Pipeline System (FPS) at Red Moss, south of Aberdeen, has stabilized, Ineos confirmed in a company statement Thursday.

CML to Acquire 65% Interest in Esmond Transportation System
Tuesday, December 12, 2017 CATS Management Limited (CML) agrees to acquire a 65% interest in the Esmond Transportation System (ETS).

Britain's Biggest Oil Pipeline Shut 'For Weeks' For Repairs
Monday, December 11, 2017 Britain's largest oil pipeline could shut down for weeks for unscheduled repair work.

Ancala Acquires Apache's Two North Sea Gas Pipeline Assets
Monday, November 20, 2017 Ancala Partners finalizes its acquisition of Apache's interests in two North Sea gas pipeline assets.

North Sea Oil Sandwiched as US Ships Crude Like Never Before
Tuesday, October 10, 2017 As crude oil gushes out of the US like never before, it looks increasingly like North Sea oil will suffer collateral damage.

North Sea Oil Market Waves Red Flag At Brent Bulls
Wednesday, October 04, 2017 A recovery in US crude exports and falling European refining margins have sent prices of North Sea barrels tumbling.

In Sign Of Oil Rebalancing, North Sea Floating Storage Shrinks
Thursday, September 07, 2017 The volume of global price benchmark North Sea crude being held in floating storage has declined sharply since mid-August, according to shipping data and trade sources.

Oil Tankers Store Most Oil This Year as Glut Won't Die
Monday, June 19, 2017 Oil traders are resorting to storing more and more oil at sea amid swelling output in the Atlantic region.