Downstream
Venezuela resumes direct oil shipments to China despite U.S. sanctions
Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a...
Read more
Mammoet launches SK6,000 crane to enhance FPSO modularization strategies
Constructing FPSO and FLNG modules onshore has allowed EPCs and owners to expedite project schedules and increase cost-effectiveness. By constructing...
Read more
Downstream oil regulator PNGRB simplifies gas pipeline tariff
Oil regulator PNGRB has simplified the country's gas pipeline tariff structure to make the fuel more affordable for distant users...
Read more
ABB digitises gas supplies control for tea gardens, industrial units
ABB India on said that 74 tea gardens in Assam as well as six big industrial customers have upgraded to...
Read more
Sinopec merges two Guangdong-based refineries, lifts more US oil
China's Sinopec Corp has merged two subsidiary refineries in Guangdong, two company sources said, as the state refining giant looks...
Read more
Vietnam Refinery First Step to Reach Leading Position in Downstream, Marketing and Petrochemicals
Kuwait Petroleum Corporation (KPC) prepares to ship two million barrels of crude to the Vietnam Refinery in August 1, 2017...
Read more
Exxon posts deepest-ever loss as Covid-19 destroys global oil demand
Exxon Mobil posted its worst loss in its modern history after the pandemic slammed headlong into a global crude glut...
Read more
Construction of ice-resistant platform for Gazproms field on Arctic shelf begins in Astrakhan
A foundation-laying ceremony for an ice-resistant platform (ICP) of Gazprom, which will be used in the development of the Kamennomysskoye-Sea...
Read more
Neptune discovers hydrocarbons at Dugong well in Norwegian North Sea
European oil exploration and production company Neptune Energy has announced the discovery of hydrocarbons at the Dugong well, which is...
Read more
Lafarge, OMV, VERBUND and Borealis join hands to capture and utilize CO2 on an industrial scale
Lafarge Zementwerke, a member of LafargeHolcim Group, OMV, VERBUND and Borealis co-sign a Memorandum of Understanding (MOU) for the joint...
Read more