
Gloomy oil market ahead
Rystad Energy reports that the short-term oil demand outlook continues to be weak over global economic uncertainty and the trade war between the US and China.
Browse the latest downstream news news and articles.

Rystad Energy reports that the short-term oil demand outlook continues to be weak over global economic uncertainty and the trade war between the US and China.

As part of the agreement, the parties will work together to identify board nominees and to agree upon two new independent directors to be appointed to QEP's Board.

Goldman Sachs has secured the top position in the latest mergers and acquisitions league table of the top 10 financial advisers for the oil and gas sector based on deal value for the 1H19, according to GlobalData.

STEP selects LyondellBasell’s technology for its polypropylene unit to be constructed in Arzew, Oran province, Algeria.

A new report from Drillinginfo outlines how the Permian Basin continues to test the limits of the US’ existing midstream and downstream infrastructure.

Ashurst recently advised Petrochemical Industries Co. K.S.C. (PIC) on its joint venture with SKC Co.

A new report from the Energy Industries Council suggests that energy supply chain companies are finding exporting to new markets to be their hardest growth strategy.

Brazil’s natural gas market reforms have taken a major step forward, with plans in place which are set to open up opportunities across the gas value chain, and boost investment in the country’s pre-salt, according to Wood Mackenzie.

PJ Valves has been awarded three FPSO valve contracts for projects in Brazil, Mexico and Nigeria.

Re-Gen Robotics has committed £1 million to new tank cleaning robot and an ADR certified jet/vac tanker.

AFPM celebrates the role that the petrochemicals sector played in the Apollo 11 moon landing.

Nancy Yamaguchi explores Australia’s love-hate relationship with fossil fuels, and questions whether the energy sector can meet its carbon pledge.