Browse the latest downstream news news and articles.
Covid-19 and a pessimistic economic outlook will have a near-term impact on oil demand and the refining sector in Asia Pacific. But in the long-run, demand continues to be robust driven by a future demand for mobility and petrochemicals.
Transcend Solutions has announced the completion of its most recent round of capital expansion.
The gradual appreciation of refinery utilisation is likely to enable refining companies to remain focused on key growth projects that would ensure long-term competitiveness to deliver strong future growth, according to GlobalData.
Neuman & Esser Group (NEA) has acquired Norwalk Compressor Co.’s manufacturing assets, products, trademarks and workforce.
Siemens Energy is to supply 20 compression trains for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage project.
Delivery of the valves is scheduled through next year to meet the customer’s requested timeline.
In a recent blog post on its website, the AFPM has stated that Renewable Fuel Standard (RFS) targets are based on outdated projections.
The cost of the facility is estimated to be US$4 billion.
ODE Asset Management awarded Integrity Management Services contract at Interconnector (UK) Ltd’s Bacton Gas Terminal.
Successful transportation of the site’s largest component marks an important first step in the construction of the propane dehydrogenation plant.
ZheJiang Petroleum & Chemical has selected Axens’ catalysts for pyrolysis gasoline selective hydrogenation units that are part of an ethylene plant in Zhoushan City, China.
The transaction is expected to close prior to the end of calendar year 2020.