Downstream news
EPO: Innovation in the energy sector increases
According to the latest data published by the European Patent Office, innovation in the energy industry has increased by 5.5%.
LNG sector challenged by depressed demand and falling prices
GlobalData has reported on the current market condition and factors affecting the global LNG sector.
TechnipFMC technology selected for ZPC plant
TechnipFMC provided the proprietary technology and process design for part of ZheJiang Petroleum & Chemical Co. Ltd’s ethylene plant in China.
IHS Markit interview with former BP Chief Executive
John Browne, the former chief executive of BP discusses how the COVID-19 era has impacted his views on the future of the oil industry and the energy transition.
Shell cuts quarterly dividend to 16 US cents per share
Shell has published its first quarter results and announced a cut to its 1Q20 dividend to 16 US cents per share.
US crude oil inventories approach record-high levels
The EIA has reported that US crude oil inventories are approaching record-high levels.
Video: how masks are produced by Sinopec
This video looks at the production lines at the Sinopec Yanshan Factory, which can provide key raw materials for 12 million medical masks on a daily basis.
Implico delivers solution for Evos terminal
Implico has developed a new solution for the tank terminal operator Evos, which will use a digital connection to the Hamburg Port Authority.
IEA: global energy demand to plunge
A new report from the IEA provides almost real-time picture of impact of COVID-19 crisis in 2020 across all major fuels.
Wood Mackenzie: European gas markets feel the pressure
Wood Mackenzie has reported that despite European gas markets feeling the bite of lower demand, there are signs of recovery.