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Downstream News

Downstream news for the oil and gas industry providing global coverage of refining, processing and other downstream sector developments

US coking technology bound for Mexican refinery
19th September 2012

Mexican petroleum firm Pemex Refinación has opted for US coking technology to be installed in an upcoming refinery to process heavy oil, it emerged on Monday.Houston-based engineering and construction...
German tech to spur Russian LNG development
19th September 2012

Russian megaproject Yamal LNG will use technology from German chemical giant BASF for its ambitious LNG production development in the north of the country, it emerged on Monday.The technology will be used...
5th September 2012

India’s largest refiner, Indian Oil Corp Ltd (IOC) plans to invest Rs 50,000 crore in expanding its existing refineries and setting up a new one on the west coast.With the investment, the company’s refining...
4th September 2012

Russian energy giant Gazprom and a consortium of Japanese companies have agreed to construct a liquefied natural gas (LNG) plant in Russia's Far Eastern port of Vladivostok, it emerged this week.The...
Petrobras to launch world’s first floating oil terminal
29th August 2012

Brazil’s state-led oil and gas giant Petrobras will deploy the world’s first floating oil terminal in the next two years, it emerged on Tuesday, as part of plans to decrease operational costs and further...
China makes maiden Arctic crossing
20th August 2012

Energy-hungry China for the first time has voyaged into the Arctic Ocean, highlighting Beijing’s interest in the increasingly more accessible oil and gas-rich territory, it emerged this week.The icebreaker...
16th August 2012

A Colombian energy company plans to sell 12 million barrels of oil to Indian oil giant Essar as part of a USD 1.2 billion deal, it emerged this week.Colombia's Ecopetrol ECO.CN, Colombia’s largest oil...
Ukraine to build new LNG terminal
13th August 2012

Ukraine in 2013 will begin construction of a new LNG terminal as part of multi-billion plans to reduce the cost of gas imported from energy rich Russia, it emerged on Friday.Kiev has approved afeasibility...
Indian oil giants to source LNG from Russia
9th August 2012

A consortium of Indian energy majors is looking to source LNG from several terminals, including from Russia, as part of moves to satiate India’s growing energy appetite, it emerged this week.ONGC Videsh...
8th August 2012

The Ukraine has pledged multi billion dollar investments in Chinese coal gasification technology and expertise as part of plan to diminish its dependence on Russian gas, prime minister Mykola Azarov...

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