Downstream News


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Canada's Oil Patch Feels Double Pain with Cuts and Prices
Monday, November 12, 2018 Canada's oil producers can't catch a break.

Keystone XL Pipeline Project Blocked
Friday, November 09, 2018 TransCanada Corp.'s long-delayed Keystone XL pipeline project was blocked by a Montana federal judge pending further environmental review.

Major Tanker Port Restarts After Vessel Collision
Friday, November 09, 2018 The Sture terminal and the Kollsnes plant resumed operations Thursday afternoon.

Trump Admin-approved Iran Oil Buyers Line Up
Friday, November 09, 2018 Armed with waivers to keep importing Iranian oil without running afoul of U.S. sanctions, some of the Islamic Republic's top customers are preparing to buy.

Crudes from Rockies and Bakken May Get New Routes to Texas Coast
Friday, November 09, 2018 The Liberty and Red Oak pipelines could begin service by the end of 2020.

Oil Groups Warn Trudeau's Reforms Will Make it Worse
Thursday, November 08, 2018 It's a rough time in Canada's oil patch, and the energy industry is warning that Justin Trudeau is about to make it worse.

Five-year Sabic Deal Goes to WorleyParsons
Wednesday, November 07, 2018 WorleyParsons stated that it will execute the services from its offices in Germany, the Netherlands, Spain and the United Kingdom.

Nigeria Oil Minister Says Oil Refinery Revival Pushed Back
Wednesday, November 07, 2018 The revival of Nigeria's state-owned refineries will happen a year later than expected after financing talks dragged on, according to the nation's oil minister.

Australia Govt Nixes CK's Pipeline Bid on National Security
Wednesday, November 07, 2018 CK Group's $9.4B bid for gas pipeline operator APA Group was knocked back by Australia's government on national security concerns.

Trading in Biggest Natural Gas ETF Heats Up
Tuesday, November 06, 2018 Trading in the largest exchange-traded fund tracking natural gas futures is heating up as the US faces a cold blast.

A Qatari's Quest to Become World's Gas King
Tuesday, November 06, 2018 On Sunday, Al-Kaabi was appointed minister of state for energy issues and vice chairman of Qatar Petroleum.

Kurds Add Pipeline Capacity to Export Kirkuk Oil
Tuesday, November 06, 2018 Iraq's semi-autonomous Kurds upgraded their oil export pipeline to accommodate future production growth.

Total May Source LNG from Louisiana and Baja Projects
Monday, November 05, 2018 Sempra and Total have signed an MOU that could boost the companies' North American LNG collaboration.

New Pipeline Would Link Cushing to Houston, Possibly Corpus
Monday, November 05, 2018 The proposed Voyager pipeline would extend nearly 500 miles and could be in service in late-2020.

Pipelines on Wheels: LNG Giant Turns to Trucks
Monday, November 05, 2018 Gas is in such hot demand in China right now it's allowing a quirky market to flourish: transporting the fuel on trucks.

Rising Gasoline Prices Push Macron Popularity Down
Monday, November 05, 2018 Rising gasoline prices at the pump have emerged as the latest source of unpopularity for French President Emmanuel Macron.

Sunken Iranian Tanker Sanchi among Ships Hit by Sanctions
Monday, November 05, 2018 Among the hundreds of Iranian-linked banks, companies and vessels that the US slapped sanctions against was an Iranian crude oil tanker called the Sanchi.

Kuwait Megaproject Hits Utility Milestone
Friday, November 02, 2018 KNPC is retiring existing processing facilities at its Shuaiba refinery and upgrading and expanding its Mina Al Ahmadi and Mina Abdullah refineries.

$10B LNG Facility Starts Commissioning Phase
Friday, November 02, 2018 Cameron LNG has begun the commissioning process for the support facilities and first liquefaction train of Phase 1 of its liquefaction-export project in Hackberry, La.

Oil Producers in Canada Look to Rosier Future
Friday, November 02, 2018 The sun will come out tomorrow, or at least some time next year. That's the message from Canadian oil producers suffering from the worst domestic glut in at least a decade.

Red Sea Project to Create 30,000 Jobs
Thursday, November 01, 2018 Saudi Aramco and SABIC will develop an integrated industrial complex to convert crude oil to chemicals at Yanbu.

Gasoline Retailers Face Supply Shortage Due to Mexico Fuel Theft
Thursday, November 01, 2018 BP Plc and Total SA are among international gasoline retailers that are facing a supply shortage in Mexico.

Venezuelans Face Gasoline Shortages
Thursday, November 01, 2018 Cars, motorcycles and buses wrapped around Caracas' gas stations earlier this week as oil production and refining becomes increasingly erratic.

TransCanada Moves Ahead with $1.5B NOVA Gas Expansion
Thursday, November 01, 2018 The pipeline company announced it will forge ahead with its expansion plan.

Suncor Profit Tops Estimates
Thursday, November 01, 2018 Suncor posts third-quarter profit that topped analysts' estimates.

Canadian Producers Turn to Oil Trucks
Wednesday, October 31, 2018 The highways of Saskatchewan show just how desperate Canadian oil producers are to get their crude to market.

NuStar Pulling Out of Europe
Wednesday, October 31, 2018 NuStar plans to sell its European terminals and related assets to Inter Terminals Ltd.

McDermott to Sell Storage Tank and Pipe Businesses
Wednesday, October 31, 2018 McDermott plans to divest its storage tank business and US pipe fabrication business for more than $1 billion.

New Antwerp Delayed Coker to Support IMO Compliance
Wednesday, October 31, 2018 ExxonMobil has started operations of a new 50,000-bpd delayed coker unit at its 320,000-bpd Antwerp refinery in Belgium.

Cenovus Sees End in Sight for Canadian Crude Bottlenecks
Wednesday, October 31, 2018 Cenovus says the end may be in sight for the pipeline bottlenecks that have throttled Canadian crude prices.

UK Refinery Cogen Project Goes to Fluor
Tuesday, October 30, 2018 The project scope includes design, procurement, construction and commissioning support for the new natural gas-fired combustion turbine generator system.

BP Refineries Run at 15-Year High
Tuesday, October 30, 2018 BP ran its oil refineries at the hardest rate in 15 years during the third quarter, racing to profit from unusually cheap Canadian crude.

Replacing Iran's Lost Oil Supply to Help Supertanker Fleet
Tuesday, October 30, 2018 Higher OPEC oil production and longer voyages are propelling shipowners back to good times.

Brownsville LNG Project Advances
Monday, October 29, 2018 FERC has issued a key document for Texas LNG's proposed LNG export facility in the Port of Brownsville to proceed.

Trump Admin E15 Boost Concerns Voters in Poll
Monday, October 29, 2018 'Consumers are speaking loud and clear,' says API exec.

Somaliland Proposes New Pipeline for Ethiopia Exports
Monday, October 29, 2018 A self-declared republic in Somalia asked Ethiopia to reroute its nascent oil and gas exports via a proposed new pipeline.

Higher Oil Prices Squeeze BASF Production Costs
Friday, October 26, 2018 The battle against rising energy costs comes after global manufacturers were lulled by a protracted period of relatively low oil prices.

Electric Rickshaws Taking Off in India
Friday, October 26, 2018 An electric vehicle revolution is gaining ground in India, and it has nothing to do with cars.

Big Oil Woos China With $24B Spree
Thursday, October 25, 2018 A Chinese archipelago that served as a pirate's den in centuries past is luring the world's energy giants.

Crude, Pipeline Woes Loom Over Oil-Sands Earnings
Thursday, October 25, 2018 Forgive Canada's oil-sands producers for the whiplash.

Shipping Costs Make Europe a LNG Hot Spot Right Now
Thursday, October 25, 2018 Forget Asian hunger for energy or where liquefied natural gas costs the most, at the moment it's all about tanker rates.

Shell and CNOOC Eye Closer Petchems Collaboration
Wednesday, October 24, 2018 CNOOC Chairman Yang Hua and Shell CEO Ben van Beurden shake hands at the signing event as Chinese Premier Li Keqiang and Dutch Prime Minister Mark Rutte look on. SOURCE: Shell

Aramco Signals Chemical Ambitions Beyond Sabic Deal
Wednesday, October 24, 2018 Saudi Aramco's CEO says he has bigger ambitions in petrochemicals beyond the planned $70 billion acquisition of a strategic stake in Sabic.

CN Rail Vies for Crude-Hauling Crown
Wednesday, October 24, 2018 Canadian National Railway Co. expects to set a record for crude-by-rail shipments next year as it vies with Canadian Pacific Railway Ltd. to dominate a booming market.

First LNG Shipment Departs Ichthys
Tuesday, October 23, 2018 Inpex confirms that the first shipment of liquefied natural gas has departed from its operated Ichthys LNG project.

Calcasieu Pass LNG Clears FERC Hurdle
Tuesday, October 23, 2018 FERC has issued the final EIS for Venture Global LNG's Calcasieu Pass LNG export facility.

Small Towns in Germany Seek to Shake Up Europe's Biggest Gas Market
Tuesday, October 23, 2018 Two small ports on the Elbe River are competing to build Germany's first LNG import terminal and help shake up Europe's biggest gas market.

Permian Refinery Project Gets EPC Contractor
Monday, October 22, 2018 The developer of a grassroots Permian Basin oil refinery has named its overall EPC contractor for the project.

$4B Thailand Refinery Contract Awarded
Friday, October 19, 2018 ThaiOil awards refinery expansion contract to consortium of Saipem, Petrofac and Samsung.

Ex-Schlumberger Chief to Acquire Biggest Shale Pipe Servicer
Friday, October 19, 2018 Sentinel plans to acquire Strike LLC and take the dominant US pipeline services company public.