Downstream news

Reduction in gas demand and increased LNG imports supports a positive outlook for 2023?, reports Wood Mackenzie.

API and the State Enterprise Ukrainian Scientific Center for Standardization, Certification and Quality Problems have signed an MoU on natural gas and oil standards.

These works are part of the Refinery Development Master Plans (RDMP) launched by PT Pertamina to revitalise the Cilacap, Balongan, Dumai, and Balikpapan refineries to improve their production capacity and competitiveness.

In its November ‘Short-Term Energy Outlook’ (STEO), the US Energy Information Administration’s (EIA) forecasts that it will increase by 2.4% in 2022.

Siemens Energy has improved in almost all areas of sustainability this past year, according to its 2022 Sustainability Report.

A new report from the IEA sets out key actions to close the potential supply-demand gap if Russian pipeline deliveries fall to zero, including more rapid deployments of energy efficiency and renewables.

Atlas Copco Energas GmbH and STRABAG Umwelttechnik GmbH have agreed on an extensive cooperation in the area of industrial and high-performance heat pumps.

Saudi Aramco and Shandong Energy Group are exploring collaboration on integrated refining and petrochemical opportunities in China.

Phillips 66 plans to invest US$1.1 billion in refining, including US$389 million for reliability, safety and environmental projects.

TotalEnergies has decided to withdraw its directors from Novatek and will no longer equity account for its stake in the company.