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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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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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28th March 2019 The agreed purchase price for the shares is SAR 123.40 per share, totalling USD$ 69.1 billion.The remaining 30% publicly traded shares in Sabic are not part of the transaction, and Saudi Aramco has advised...
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20th March 2019 The Abu Dhabi National Oil Company (ADNOC) has won a national award for the Oil and Gas Project of the Year at the 2019 MEED Projects Awards.The award was presented to ADNOC for the...
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14th March 2019 The company’s report: ‘Global Refinery Coking Units Outlook to 2023 – Capacity and Capital Expenditure Outlook with Details of All Operating and Planned Coking Units’ states that up...
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14th March 2019 The transport will cover seven single voyages, using both RollDock and BigRoll vessels. The services and expertise of Roll-Lift will also play a part in the completion of the land transport aspects of the...
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Borouge awards contracts for the world's largest mixed feed cracker for Ruwais petrochemical complex27th February 2019 Borouge, a leading petrochemicals company that provides innovative, value creating plastics solutions, has awarded TechnipFMC, Maire Tecnimont and WorleyParsons three major contracts for the fourth phase of...
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