Downstream News

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

	ADNOC Takes Next Step in Growing its Downstream Operations 3rd September 2018 Highly specialized and valuable grades of carbon black and calcined coke will be marketed by ADNOC to customers in the UAE and internationallyADNOC Refining, a subsidiary of the Abu Dhabi National Oil...
	Yamal LNG begins gas exports from second LNG train 10th August 2018 This train adds an additional 5.5 million tons per year of LNG capacity to the facility, bringing the total capacity in operation to 11 million tons per year. At full capacity, the three-train facility will...
	Total becomes the world’s number two LNG Player 13th July 2018 This portfolio includes participating interests in liquefaction plants, notably the interest in the Cameron LNG project in the US, long term LNG sales and purchase agreements, an LNG tanker fleet as well as...
	The first Shell Liquefied Natural Gas station in Belgium 25th June 2018 The New To Industry site has been constructed in Herstal, Rue du Hermée. AECOM was awarded the EPCM contract for Shell Retail’s Capital Development Program in the Benelux in 2016. As a...
	Ashland announces new composites distribution agreement for France with VELOX 25th June 2018 The new distribution agreement, which is effective July 1, 2018, includes all Ashland unsaturated polyester resin, gel coat, low-profile additives products and epoxy vinyl ester resins, including Derakane...
	Shell completes Malaysia LNG Tiga equity sale 20th June 2018 The transaction has an economic date of 1 September 2017 and the net final consideration paid to Shell after adjustments for dividends the company received up to completion is approximately $640 million....
	Total strengthens co-operation with Sonatrach 6th June 2018 The project includes a propane dehydrogenation (PDH) unit and a polypropylene production unit with an output capacity of 550,000 tons per year. The project represents an investment of around $1.4 billion by...
	SABIC and ExxonMobil advance Gulf Coast project with creation of a new joint venture 18th May 2018 The facility will also include a monoethylene glycol unit and two polyethylene units.“We are very pleased to announce the creation of what is now planned to be the third joint venture between our two...
	ADNOC Announces AED 165 Billion Investment Plan to Become Leading Downstream Player 14th May 2018 The Abu Dhabi National Oil Company (ADNOC) today unveiled plans to invest AED 165 billion (US $45 billion) alongside partners, over the next five years, to become a leading global downstream player,...
	Shell gives profitable growth outlook as downstream business transforms 21st March 2018 “Our unique Downstream business is fundamental to delivering a world-class investment case,” said Chief Executive Officer Ben van Beurden. “Its unparalleled breadth, depth and the strength...