Stay up to date with the latest news and updates from the downstream industry.
Global prices for oil products look set to rise dramatically after the tsunami that hit Japan last week. As a result of the loss of nuclear electricity generating capacity, oil will have to be used as a substitute until the reactors can be repaired.
State owned companies from Kuwait and Abu Dhabi plan future downstream developments abroad.
A letter from Chris Huhne and EU Environment Ministers to the Guardian newspaper on 30% EU emissions cuts.
Chevron has appealed the Ecuadorean court judgment, which found it liable for environmental damage to the tune of US$ 8.6 billion.
API to White House: long term solutions require short term leadership.
10 groups have filed a federal court challenge against the EPA’s E15 authorisation.
Chevron has reached an agreement with Valero Energy Corporation to sell Chevron Limited for US$ 1.7 billion.
The country’s two largest refineries are not operational but appear to be undamaged.
The government and refiners plan to meet cost of upgrades, while BP is set to invest US$ 200 million in energy infrastructure in the country.
Exxon Mobil Corporation reviews 2010 while outlining plans for future projects in its annual presentation to investment analysts at the New York Stock Exchange.
American Petroleum Institute has welcomed proposed legislation that would repeal EPA’s authority to regulate GHG emissions.
A news update from refineries across the US.