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Downstream

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Downstream

Aramco Omits Carbon Data for Up to Half Its Real Climate Toll – Not just limited to Aramco

January 21, 2021 Stu Turley

Before it launched the world’s biggest public listing, Saudi Arabian Oil Co. promised potential investors a small piece of a trillion-dollar company with access to unrivaled oil reserves. Not just in sheer volume but in climate friendliness, […]

ADNOC_City-Energy News Beat
Downstream

ADNOC merges its downstream and trading units

January 18, 2021 Stu Turley

ADNOC Group has merged its downstream unit with its trading arm, creating the Downstream Industry, Marketing & Trading Directorate. When revealing the news, ADNOC said that the new unit would be “a critical enabler of […]

Indian Oil - Energy News Beat
Crude Oil News

India’s IOC shortlists DSW as eligible import option

January 17, 2021 Stu Turley

The tender is seeking cargoes delivered 1-10 April to the Paradip terminal on the eastern coast of India and includes various grades from North America, Latin America, west Africa and the Mideast Gulf. US crude […]

ADNOC - Energy News Beat
Downstream

Abu Dhabi state firms to collaborate on hydrogen

January 17, 2021 Stu Turley

Three of Abu Dhabi’s biggest state-owned companies — Adnoc, Mubadala Investment and Abu Dhabi Development Holding (ADQ) — have signed an agreement to establish the ‘Abu Dhabi Hydrogen Alliance’ to develop low-carbon hydrogen fuel in […]

BP Chemicals Deal Expands Reach of Ineos
Crude Oil News

BP Chemicals Deal Expands Reach of Ineos

January 10, 2021 Stu Turley

Rigzone: Based on recent pageview figures, Rigzone’s downstream readers showed considerable interest in news about the sale of some BP assets and the cashflow challenges of another supermajor. Keep reading for this summary of three […]

Downstream

Sixty-one new COVID-19 cases were reported at Beaver County’s cracker plant this week, bringing the total number since March to 335

December 12, 2020 Stu Turley

BEAVER COUNTY TIMES: 12 Dec 2020 POTTER TWP. — Coronavirus cases continue to grow at Shell Chemicals’ ethane cracker plant site as COVID-19’s third wave hammers the region. Sixty-one new virus cases were reported at […]

lowest level since May 2016
Crude Oil News

U.S. petroleum refining capacity falls to its lowest level since May 2016

December 11, 2020 Stu Turley

As of September 1 (the latest data available), the United States had 18.4 million barrels per calendar day (b/cd) of petroleum refining capacity, also known as operable atmospheric crude oil distillation capacity. U.S. refining capacity had reached a […]

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