Downstream News


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Over $40MM Of Fuel Stolen From Shell Refinery, Singapore Court Docs Show
Tuesday, May 22, 2018 Singapore authorities have levied new charges against a group of fuel thieves operating at Shell's oil refinery in Singapore.

US LNG, Ethanol Sellers Buoyed By China Trade Talks
Tuesday, May 22, 2018 China's interest in reducing its trade surplus with the US through increased energy imports could advance plans for US LNG plants and ethanol sales.

Indian Oil To Turn To Traditional Suppliers To Meet Iran Oil Shortfall
Tuesday, May 22, 2018 IOC will turn to its traditional oil suppliers if US sanctions against Iran result in supply disruptions, its head of finance says.

Data: Valero Boosts Imports Of Venezuelan Oil As Sanctions Loom
Tuesday, May 22, 2018 Valero this year boosted its imports of Venezuelan crude ahead of US sanctions over the country's disputed presidential election.

Cheniere Moves Ahead With Corpus Christi LNG Expansion
Tuesday, May 22, 2018 Cheniere says it has approved the construction of a third liquefaction unit.

Five Working To Clear Way For Gas Pipeline Killed In Afghanistan
Monday, May 21, 2018 Unidentified gunmen killed 5 mine-clearance workers in Afghanistan on Monday who were preparing for construction of an international gas pipeline, while one worker was kidnapped, officials say.

Gas Guzzlers Set to Fade as China Sparks Surge for Electric Cars
Monday, May 21, 2018 By 2040, more than half of all new car sales and a third of the planet's automobile fleet will be electric, according to a report published Monday.

Polyester, Nylon Clothes May Be Caught in UK Curbs on Plastics
Monday, May 21, 2018 U.K. Chancellor Philip Hammond is being urged to start taxing clothes made from polyester and nylon.

Southern Slims Downs After Bets on Big Projects Fail to Pay Off
Monday, May 21, 2018 Southern Co., which has spent billions of dollars to expand its U.S. utility empire, is now retrenching.

BP Sees Legal Jeopardy in Activists' Push for Climate Action
Monday, May 21, 2018 After paying more than $65 billion in legal costs for the Deepwater Horizon catastrophe, BP is wary of the risk of lawsuits related to climate change.

Putin Seeks Common Cause With Merkel Over Trump
Friday, May 18, 2018 Putin says he would stand up to any attempts by US President Donald Trump to block a Russian-German gas pipeline project.

Russia Eyes Petrochemicals As Answer To Crude Oil Reliance
Friday, May 18, 2018 Russian energy companies have been increasingly shifting their focus to petrochemicals in a drive to capitalize on the fast-growing sector.

UK's Top Qatari LNG Importer Seeks To Broaden Supply As Cargoes Slump
Friday, May 18, 2018 South Hook is seeking to broaden its sources of supply as robust Asian demand diverts cargoes from Qatar.

For Sale: Stalled Pipeline Project, Protesters Included
Friday, May 18, 2018 Justin Trudeau's pipeline nightmare may be only getting started.

Sources: S. Korea's Hyundai Oilbank To Expand Heavy Oil Upgrading In Aug
Friday, May 18, 2018 Hyundai Oilbank will expand its heavy oil upgrading capacity during a scheduled maintenance in August.

Enbridge To Consolidate Assets In $8.94B Restructuring
Thursday, May 17, 2018 Pipeline operator Enbridge Inc says it will bring its independent units and liquids and gas pipeline assets under a single listed entity as part of a move to streamline its corporate structure.

Russian Gas Pipeline To Germany Raises Intelligence Concerns -U.S. Official
Thursday, May 17, 2018 The planned Nord Stream 2 gas pipeline from Russia to Germany raises U.S. intelligence and military concerns.

American Roadtrippers to Face $3 a Gallon Gas This Summer
Thursday, May 17, 2018 US drivers might be feeling flush after getting tax cuts amid a growing economy as they embark on the summer driving season.

ENN Seeks Commissioning Cargo For China's First Private LNG Import Terminal
Thursday, May 17, 2018 ENN is seeking a commissioning cargo for the country's first privately owned LNG import terminal.

Land Acquisition Woes Thwart India's Mega Refinery Plan With Saudi Aramco
Thursday, May 17, 2018 Land acquisition has always been a contentious issue in rural India.

Survey Reveals Top Downstream Employers Amid Transition
Wednesday, May 16, 2018 Which downstream employers do Rigzone survey participants think are most desirable to work for?

Canada Backstops Kinder Morgan for Trans Mountain Delays
Wednesday, May 16, 2018 Justin Trudeau's government is prepared to reimburse Kinder Morgan Canada for any financial losses incurred by 'politically motivated' delays.

US: Enough Global Oil To Avoid Caribbean Fuel Disruptions
Wednesday, May 16, 2018 There is enough oil supply in the global market to make up for potential fuel disruptions, a State Department spokesman says.

US Oil Shipments To Asia May Hit New High, Cool Mideast Crude Prices
Wednesday, May 16, 2018 The volume of US crude oil arriving in Asia is expected to hit a new high in July.

Chevron Unveils Shared Vision for North West Shelf Infrastructure Stimulus
Wednesday, May 16, 2018 Chevron extends invitation to Woodside and Shell to collaborate on shared infrastructure development.

Republican Senator Says EPA Chief Must Slow Refinery Waivers Or Resign
Tuesday, May 15, 2018 Republican Senator Chuck Grassley says EPA chief Scott Pruitt must scale back the use of biofuels waivers for small refineries.

CEO: LNG Canada Committed To Starting Construction On Project In 2018
Tuesday, May 15, 2018 The chief executive of the LNG Canada project on BC's northern coast says the company was committed to starting construction on the LNG export project this year.

Bangladesh Drops Trafigura In LNG Talks As Gunvor Advances
Tuesday, May 15, 2018 Bangladesh has terminated talks with Swiss-based commodity trader Trafigura to install a small floating LNG import terminal.

Sources: Conoco Aiming To Seize Oil Cargoes Near Citgo's Aruba Terminal
Tuesday, May 15, 2018 ConocoPhillips has brought court actions to seize at least two cargoes of crude and fuel near a terminal operated by PDVSA subsidiary Citgo Petroleum, sources say.

Qatar Petroleum Invites Firms To Bid For New Petrochemicals Complex
Tuesday, May 15, 2018 Qatar Petroleum says it was inviting international companies to bid for the development and operation of a new petrochemicals complex at Ras Laffan Industrial City.

Conoco Has Seized Venezuela PDVSA Products From Isla Refinery -Curacao
Monday, May 14, 2018 U.S. oil major ConocoPhillips seizes products belonging to Venezuelan state oil company PDVSA from the Isla refinery it runs on Curacao, an island official tells Reuters on Sunday.

ClientEarth Files Complaint To Stop Nord Stream 2 In Finland
Monday, May 14, 2018 Environmental campaign group ClientEarth says it had submitted a complaint to a Finnish court seeking to stop the construction of the Nord Stream 2 gas pipeline through Finnish waters.

UAE's ADNOC Signs Deal With Spain's Cepsa For New LAB Facility
Monday, May 14, 2018 ADNOC signs a project development agreement with Spain's Cepsa for a new linear alkylbenzene (LAB) facility.

Valero Expands Into South America With Peru Biofuels Deal
Monday, May 14, 2018 Valero Energy agrees to purchase Pure Biofuels Del Peru from private equity firm Pegasus Capital Advisors, the companies say.

India Refiners Resume Fuel Price Hikes After State Election Ends
Monday, May 14, 2018 India state-run refiners resumed raising retail gasoline and diesel prices after a three-week hiatus that coincided with the run up to elections in a southern state.

Japan's JXTG May Buy Other Mideast Crude Oils To Cover Any Iran Shortfall
Friday, May 11, 2018 JXTG Holdings, Japan's biggest oil refiner, will likely turn to other Middle Eastern suppliers to meet shortfalls if it has to curb Iranian crude purchases after the resumption of U.S. sanctions on Tehran.

BLOG: Breaking New Ground In the Middle East
Friday, May 11, 2018 The emphasis is shifting in downstream projects in the Middle East.

A Trump Darling, Gas Exports, Set to Gain as Iran Deal Dies
Friday, May 11, 2018 Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil surges: Natural gas exports.

McDermott International Closing CB&I Deal On Thursday, Saudi Arabia Is Key
Friday, May 11, 2018 McDermott International Inc will close its acquisition of Chicago Bridge and Iron Co NV.

Vitol Sees Gas And LNG As Key Growth Driver As Oil Demand Peak Looms
Friday, May 11, 2018 Vitol's future growth will increasingly be driven by gas and LNG, especially in emerging markets, as peak oil demand approaches, its head of gas and power investments says.

Source: Trump To Propose Sweeping Changes To US Biofuel Policy
Friday, May 11, 2018 The Trump administration will propose sweeping changes to the nation's biofuel policy, a source says.

Japan's Inpex Sees Ichthys LNG Start-Up By End-May
Thursday, May 10, 2018 Inpex Corp says it will begin production at its Ichthys liquefied natural gas development in Australia by the end of May.

ETP Plans 600,000 Bpd Oil Pipeline From Permian To Texas Coast
Thursday, May 10, 2018 Energy Transfer Partners says it plans to build a crude pipeline from the Permian basin in Texas to the Houston Ship Channel and Nederland, Texas.

US East Coast Refiners Look To Texas Crude For Discounted Oil
Thursday, May 10, 2018 Supply bottlenecks are making it difficult to secure more barrels.

Long Shutdown Casts Shadow Over Sale Of Moroccan Refinery
Thursday, May 10, 2018 Morocco's only refinery will find it tougher to find a buyer the longer it stays closed as equipment ages and qualified staff move away, industry sources say.

CEO: Brazil's Braskem To Talk New Naphtha Contract With Petrobras
Thursday, May 10, 2018 Braskem will soon start to negotiate a long-term contract to buy naphtha from its shareholder Petrobras.

Sonatrach To Buy Exxonmobil's Augusta Oil Refinery In Sicily
Wednesday, May 09, 2018 Algeria's state energy firm Sonatrach plans to buy ExxonMobil's 175,000 barrel-per-day Augusta refinery in Sicily, Italy.

Nord Stream 2 Gas Pipe Partners Rapped by Polish Regulator
Wednesday, May 09, 2018 Poland opposes the expansion of the major gas link directly from Russia to Germany.

Buyers Seek US Waivers to Buy Iranian Oil Amid New Sanctions
Wednesday, May 09, 2018 Iran is the third-largest oil producer in OPEC and a key supplier, especially to refiners in Asia.

Curacao Sees 'Potential Crisis' from Venezuela-Conoco Row
Wednesday, May 09, 2018 Curacao, a small island off the coast of Venezuela, is prepared to purchase refined products on the global market.