Downstream news
USD Partners affirms terminals to remain fully operational
USD Partners has announced that it has taken measures in response to the COVID-19 outbreak and will remain fully operational.
Six steps for success
Honeywell UOP outlines six criteria fundamental to pursuing a long-term capital investment strategy.
Gazprom Neft updates progress on catalyst project
The Gazprom Neft Board of Directors has been updated on the implementation of its Omsk catalyst project.
Russia leads FSU refining capacity growth
GlobalData has reported that Russia will drive the Former Soviet Union’s refining industry capacity growth by 2024.
Golar Power signs LNG terminal agreement in Brazil
Golar Power has signed a protocol of intentions with the State Government of Pernambuco in Brazil for the development of an LNG terminal.
EIA: OPEC shift will cause global inventory increases and lower prices
The EIA has reported that moves by OPEC to maintain its market share will cause global oil inventory increases and lower prices.
Saudi Aramco releases 2019 financial results
Highlighting strong profits despite a challenging macro environment, Saudi Aramco has released its 2019 financial results.
TechnipFMC postpones planned separation
TechnipFMC has declared that it will delay its separation into two companies due to the COVID-19 coronavirus pandemic and current market conditions.
Asia will lead global polyethylene capacity additions
GlobalData has reported that Asia is set to lead global polyethylene capacity additions by 2024.
Zhejiang Petrochemical to use Honeywell hydrogen technology
Honeywell UOP has announced that Zhejiang Petrochemical will use its technology for the largest petrochemical project in China.