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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

31st May 2012

Royal Dutch Shell, Reliance Power Ltd. and Kakinada Seaports Ltd. will jointly build a terminal on India's east coast to import liquefied natural gas, seeking to tap into the rising demand for the fuel in...
28th May 2012

India will pay USD 13 per unit for buying natural gas through the TAPI gas pipeline and will take indirect responsibility for safe transit of the fuel through high security risk areas in Afghanistan and...
23rd May 2012

Aadi Group, a privately-owned trader of scrap metal and steel, is seeking to profit from turning refinery waste into fuel oil, a product spurned by the country’s crude processors.The company is making 25,...
22nd May 2012

South African national oil company PetroSA has partnered with China's Sinopec Group to push along the building of its Coega refinery, originally slated to cost USD 9-USD 10 billion and produce 400,000...
22nd May 2012

India’s oil minister, S. Jaipal Reddy, will lead a team to Turkmenistan to sign a deal to get natural gas through a pipeline, according to reports.GAIL India Ltd. the nation’s biggest gas distributor, and...
15th May 2012

Japan's top oil refiner, JX Nippon Oil & Energy Corp, may cut its crude refining capacity by more than the 200,000 barrels per day (bpd) planned by the end of March 2014, if the step is needed to meet...
11th May 2012

Russian oil giant Rosneft is planning to use a natural gas-to-liquids (GTL) plant which will begin operations in 2014.The company selected Oxford Catalysts Group Plc (OCG)’s technology for a natural GTL...
10th May 2012

Brazilian oil giant Petrobras has signed an agreement to convert four Very Large Crude Carrier (VLCC) vessels into the hulls of the future platforms that will operate in areas on the Santos Basin pre-salt....
1st May 2012

Japan's Mitsubishi Corporation and Mitsui & Co have agreed to buy a stake in Woodside Petroleum's Browse Liquefied Natural Gas (LNG) project in Australia for USD 2bn.In addition to the 14.7 per cent...
30th April 2012

Kenya plans to build a 500MW natural gas-fired power plant in Mombasa to boost the country’s supply.Also in the pipeline is a liquefied natural gas (LNG) import terminal for raw materials to be set up at...

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