Downstream news

ExxonMobil has announced that it is evaluating significant capital and operating expense reductions in the near-term due to COVID-19.

ClassNK has announced the appointment of a new President & CEO and executives.

USD Partners has announced that it has taken measures in response to the COVID-19 outbreak and will remain fully operational.

Honeywell UOP outlines six criteria fundamental to pursuing a long-term capital investment strategy.

The Gazprom Neft Board of Directors has been updated on the implementation of its Omsk catalyst project.

GlobalData has reported that Russia will drive the Former Soviet Union’s refining industry capacity growth by 2024.

Golar Power has signed a protocol of intentions with the State Government of Pernambuco in Brazil for the development of an LNG terminal.

The EIA has reported that moves by OPEC to maintain its market share will cause global oil inventory increases and lower prices.

Highlighting strong profits despite a challenging macro environment, Saudi Aramco has released its 2019 financial results.

TechnipFMC has declared that it will delay its separation into two companies due to the COVID-19 coronavirus pandemic and current market conditions.