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The latest downstream news


OPEC oil revenues at 13 year low

According to the US EIA, net oil revenues from oil producing and exporting countries (OPEC) in 2016 were the lowest they have been since 2004.


Yokogawa joins WBCSD

Yokogawa Electric Corp. has joined the World Business Council for Sustainable Development.

BKV completes SETPOINT acquisition

Brüel & Kjær Vibro has completed the acquisition of the SETPOINT technology platform from Metrix Instrument Co. LP of Houston, Texas.


More hydrocarbon news updates

Zarqa refinery contract awarded to UOP

Jordan Petroleum Refinery Co. has awarded a technology supply contract to UOP, for the planned expansion of the kingdom’s sole refinery at Zarqa, close to Amman.


Saudi Aramco-Norinco project agreement signed

Saudi Aramco, China North Industries Corp. and Panjin Xincheng Industrial Group Co. Ltd recently signed the joint development agreement for the Saudi Aramco-Norinco Refining, Petrochemical and Retail Project.


GTT wins new order

DSME has contracted GTT to equip two LNG carriers with its NO96 GW containment system.


Intertec launches nanotechnology antistatic coating

The field equipment protection specialist Intertec has launched a revolutionary advance in antistatic surface coating treatment for its glassfibre reinforced polyester (GRP) outdoor enclosures.


Contract Resources signs up Woodside

Woodside has signed a contract to become the first client to utilise Contract Resources’ Karratha LNG Waste Processing Facility.


Russian-Chinese cooperation

Gazprom has announced that documents have been signed to advance Russian-Chinese cooperation in underground gas storage.


API comments on regulatory system

The API has urged the EPA to adopt a regulatory system that promotes technological innovations and industry best practices.


H2S treatment field test

Energy and Environmental Services has announced it is carrying out a H2S treatment field test with Flogistix, LP.


US-China deal may shake up LNG

Following the announcement of the 100-day action plan between the US and China, the deal has the potential to alter the global LNG trade.


TMC wins FSRU contract

TMC Compressors will deliver a marine compressed air system to a FSRU under construction for Höegh LNG.


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