Downstream news
EIA forecasts US petroleum demand to remain below 2019 levels
The US EIA has reported that petroleum demand will remain below 2019 levels for several more months.
King Salman Energy Park completes 60% of phase one
The King Salman Energy Park has reached 60% completion of its first phase and has announced foreign direct investments.
Chevron acquires Noble Energy
Chevron has announced an agreement to acquire all of the outstanding shares of Noble Energy.
Venezuelan oil and gas sector sees worsening crisis during 2020
GlobalData has reported that the suffering oil and gas sector in Venezuela has worsened during 2020.
Total announces Mozambique LNG financing
Total has announced the signing of Mozambique LNG’s project financing.
Pepperl+Fuchs registers as SE
Pepperl+Fuchs has announced that it has been registered as an SE company.
Okra Energy awarded LNG supply contract
Okra Energy Alabama has been awarded an export contract for cotainerised LNG to Mexico.
Pilot LNG announces Galveston LNG Bunker Port project
Pilot LNG LLC has announced the filing of its regulatory applications paving the way for the development of a dedicated LNG bunker terminal.
TechnipFMC ethylene technology selected by LanzaTech
TechnipFMC has announced that LanzaTech has selected its ethylene technology for a sustainable aviation fuel biorefinery.
Aramco announces downstream business reorganisation
Saudi Aramco has announced the reorganisation of its downstream business.