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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
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8th August 2019 Building on Reliance's existing Indian fuel retailing network and an aviation fuel business, the partners expect the venture to expand rapidly to help meet the country's fast-growing demand for...
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8th August 2019 The Abu Dhabi National Oil Company (ADNOC) today announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI). As part of this agreement, ADNOC will acquire a 10% equity...
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29th July 2019 Honeywell have announced that Kuwait Integrated Petroleum Industries Company (KIPIC) has awarded reconfiguration of refining and petrochemicals sections of its Al-Zour refinery to Honeywell UOP. The newly...
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21st July 2019 To combat imminent global economic headwinds, KBC (A Yokogawa Company) announces it has been awarded Profit Improvement Programs (PIP) for three oil refineries in the Gulf Cooperation Council (GCC) region....
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16th July 2019 Element’s recent investments have included constructing new centres of excellence in Amsterdam, Netherlands; Edinburgh, UK; and Houston, TX, which are further complemented by existing coatings...
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16th July 2019 The reliable performance of refinery and petrochemical plant facilities is vital to an industry that is determined by global fluctuations in crude prices. Strategic investment is critical in overall...
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9th July 2019 It is the final step in converting a former oil refinery into a new energies complex. Launched in 2015, the project represents a capital expenditure of €275 million.The La Mède complex now encompasses...
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7th June 2019 Shell has increased storage capacity at its Bukom refinery in Singapore by building two large crude oil tanks that increase the site’s storage capacity by nearly 1.3 million barrels. The project is...
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22nd May 2019 The investment will allow Summit to construct, own and operate terminal assets in the United States.Summit is based in Cumming, Georgia and led by Mike Turchi, Steve Turchi and Melissa Dugan. The executive...
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1st April 2019 The company has invested £1.5M in two purpose-built, fully compliant, Ex Zone 0 rated machines; one designed to de-sludge, wash and clean large scale tanks and a second, lightweight and highly...
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