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Downstream News

Downstream news for the oil and gas industry providing global coverage of refining, processing and other downstream sector developments

Rob Swindell, Xodus Group’s global vibration engineering lead
17th September 2015

The first contract will see Xodus deliver screening assessments for the relief systems on a new high pressure steam plant, and could expand to include detailed finite element analyses of any fittings...
Loading the 11-ton pump
16th September 2015

The oil production unit was transported from Maastricht Airport in the Netherlands on behalf of the airline’s customer Agility Projects Rotterdam. The pump was packed inside a two-ton wooden crate to...
Iranian petrochemical plant
13th September 2015

Already a major producer of methanol, Iran currently produces 5 MMT of methanol annually, which represents nearly 5 percent of global methanol capacity.A full repeal of sanctions would also open up a large...
Iranian petrochemical plant
7th September 2015

A rekindling of direct foreign investment in Iran’s huge petrochemical sector -- if and when sanctions are lifted -- could reap large rewards for nimble investors with the significant intestinal fortitude...
Liquefaction equipment
7th September 2015

The company’s latest report states that the scale of the North American project pipeline is unparalleled, totaling 32 individual liquefaction plants with over 287 mtpa of capacity through the end of the...
Hans Petter Eikeland
28th August 2015

Hans Petter Eikeland (picture above) is appointed for a period until 1 July 2016. Eikeland succeeds Asle Solheim. “The Board is very pleased with Hans Petter Eikeland taking over as CEO as of today....
27th August 2015

The report offers specific guidance for upstream (exploration and production), midstream (transportation and storage) and downstream (refiners, retailer) players. Across this entire chain, the report...
Sinopec
27th August 2015

China Petroleum & Chemical Corp, also known as Sinopec, revealed that net income had dropped to 25.4 billion yuan from 32.5 billion yuan a year earlier in a statement given to the Hong Kong stock...
Petrobras headquarters in Rio de Janeiro
18th August 2015

The board of Petrobras voted 8-2 to sell a stake of 25 per cent or more in BR Distribuidora on 8 August, according to minutes revealed to Reuters on Monday. Petrobras chairman Murilo Ferreira was...
7th August 2015

The transaction is expected to complete by late 2015 or early 2016, subject to regulatory approvals. Tongyi, a joint venture between Shell and Huo’s Group, is a prominent Chinese lubricant supplier with...

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