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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

CompactGTL has signed an agreement with KazakhOil Aktobe for the supply of gas for its first commercial gas-to-liquids (GTL) plant in Kazakhstan

CampactGTL to build Kazakhstan GTL plant for Sinopec, Lukoil and KazMunaiGas joint venture

13th March 2015

KazakhOil Aktobe, a joint venture company between Lukoil, KazMunaiGas and Sinopec, and CompactGTL have successfully negotiated and agreed all of the commercial terms for the contract which has now been...
Vibratec is pleased to announce the release of its new all-metal marine isolator, VT4090

Vibratec introduces new VT4090 Marine Isolator

10th March 2015

The VT4090 complements the old VT41 and VT42 series. VT4090 is a soft spring isolator with integrated adjustable snubbing, designed especially for suspension of mobile equipment. The isolator ranges up to...
Nearly 80 per cent of the GCC (Gulf Cooperation Council) region’s major petrochemical and chemical producers have made innovation strategy a key business priority, indicating that the advancement, improvement and modernisation of the sector is a top priority, according to a new survey by the Gulf Petrochemicals and Chemicals Association (GPCA)

Gulf petrochemical firms prioritise research and development strategies, according to GPCA report

9th March 2015

According to the GPCA Innovation Survey 2015, the number of companies that have formulated an explicit innovation strategy has doubled from 21 per cent in 2010 to 41 per cent in 2015. Additionally, 38 per...
Rosneft and Golar LNG Limited have signed a Memorandum of Understanding that foresees cooperation between the companies in the area of liquefaction and transportation of natural gas

Golar and Rosneft ink FLNG collaboration agreement

5th March 2015

Within the ambit of the memorandum the parties will analyse the possibility of employing Golar’s advanced FLNG (floating liquefaction of natural gas) commercialisation technologies at Rosneft projects,...
For the LNG market, 2015 will be marked by increasing volatility as new 'waves' of supply start to add volume together with new markets opening up, according to BG Group’s annual Global LNG Market Outlook

BG report shows LNG sector growth

4th March 2015

Andrew Walker, BG Group vice president of Global LNG, commented: "After four years of flat supply we are entering a period of supply growth. 2014 marked the start-up of a new wave of supply from Australia....

Alberto Caprari is elected President of ANIMA

3rd March 2015

Numbering over 194 thousand employees and with 40 billion euros revenue, the mechanical engineering industry is the backbone of Italian industry as a whole and a true excellence both in Europe and the World...
Tethys Petroleum has signed a Memorandum of Understanding (MOU) with PetroChina International Kazakhstan (PetroChina)

Tethys and PetroChina ink Kazakhstan-China oil and gas supply agreement

2nd March 2015

Tethys Kazakhstan SA, a subsidiary of Tethys Petroleum, has signed an MOU with PetroChina International Kazakhstan to explore the feasibility of a long-term and mutually beneficial cooperation in natural...
Royal Dutch Shell has entered planned maintenance in February 2015 at the Pearl gas-to-liquids (GTL) plant, in Qatar

Shell begins maintenance work at Pearl GTL in Qatar

27th February 2015

Pearl GTL comprises two identical GTL ‘trains’, with a total capacity of 140,000 barrels per day of GTL products plus 120,000 barrels per day of natural gas liquids and ethane. One train, representing half...
Fluor Corporation has announced that its CFPS Engenharia e Projetos, S.A., consortium with Construcap Engenharia e Comércio was awarded an engineering and design contract by exploration and production company Parnaíba Gás Natural (PGN) for a natural gas field development project in the Parnaiba Basin in Maranhão state in Brazil

Fluor clinches gas gathering system contract onshore Brazil with PGN

26th February 2015

PGN is Brazil’s leading private gas exploration and production company with a number of concessions in the region. Fluor booked its share of the contract for an undisclosed value in the first quarter of...
This year’s Middle East Electricity exhibition will offer visitors the opportunity to explore how Cummins Power Generation Inc., a division of Cummins Inc. and a key player in the industry, delivers more: More Performance, More Reliability, More Support, More Innovation and More Heritage.

The Power of More set to shine as Cummins prepares for Middle East Electricity 2015

23rd February 2015

Cummins is bringing The Power of More to the 40th edition of MEE, set for 2nd - 4th March at the Dubai World Trade Centre. Visit us in Saeed Hall, Stand S3D30. Debuting is the recently launched game-...

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