This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
the event facilitates strategic discussions on reshaping the downstream sectors future. These partnerships highlight shared commitments to advancing practices, optimising assets and fostering technological breakthroughs across Europes downstream landscape. Wood and Saras S.p.A.,
the event facilitates strategic discussions on reshaping the downstream sectors future. These partnerships highlight shared commitments to advancing practices, optimising assets and fostering technological breakthroughs across Europes downstream landscape. Wood and Saras S.p.A.,
Upstream and downstream competition intensifies; Polysilicon wafer companies support the raise of prices PVwaferpriceshaveremainedstablethisweek.TheaveragetransactionpriceofN-typeG10Lwafers(182*183.75mm/130μm/256mm)remainedat1.11yuan/piece.N-typeG12Rwafer. typeG12Rwafer.
Market demand is weaker than expected; Midstream and downstream prices continue to be under pressure PolysiliconThemainstreamconcludedpriceformonorechargepolysiliconisRMB37/KG,whilemonodensepolysiliconispricedatRMB35/KGandN-typepolysiliconiscurrentlyp.
Crystalline Silicon Weekly Review: Prices have been reduced across the board, and differences between upstream and downstream have increased. Polysiliconpricesfellacrosstheboardinthisweek.Thetransactionpricerangeofn-typerodsiliconwas55,000-60,000yuan/ton,andtheaveragetransactionpricewas58,60.
Net income rose compared to the fourth quarter, too, thanks to improved refining margins, which allowed Imperial Oil to book higher downstream margin capture. Imperial Oil, majority owned by U.S. supermajor ExxonMobil, reported on Friday a net income in the first quarter of US$933 million (C$1.29 billion), up from US$860 million (C$1.19
That paves the way for ADNOCs largest-ever acquisitionand a major milestone in its strategy to pivot beyond crude and into downstream and advanced The European Commission, expected to decide by May 12, sees no competition issues with the deal due to the lack of overlap between ADNOC and Covestros operations.
Vitol, for its part, has been looking to get into more upstream and downstream assets after the worlds biggest Eni has been pursuing in recent years the so-called dual exploration model, under which it sells part of its majority stakes to other companies to fast-track oil and gas discoveries to production.
supermajors downstream business recovered from a loss for the prior quarter. Chevron (NYSE: CVX) reported on Friday adjusted earnings for the first quarter in line with analyst estimates as the U.S. Chevron booked adjusted earnings of $3.8 billion, or $2.18 per share, for the first quarter 2025, down from adjusted earnings of $5.4
as well as credit support to build additional downstream RNG fueling infrastructure. Clean Energy Fuels Corp., a provider of RNG for the transportation market, and its largest shareholder, Total SE, have formed a 50/50 joint venture (JV) to develop carbon-negative renewable natural gas (RNG) production facilities in the U.S.,
Indonesia is doubling to 1 million barrels per day (bpd) the planned capacity of the new refineries it will build in an effort to boost its energy security and downstream industry.
Join over 3,000 professionals and 180 exhibitors at Downstream USA 2025 (June 25-26, Houston), the definitive event for solving industry challenges, driving innovation, and fostering sustainable growth.
North American industry shapers will quickly develop strong market perspectives, adopt flexible staffing models, and deploy streamlined labor pools aligned with decisive strategic and operational choices.
Oil Refiners Fear Trade Wars Will Hit Them Soon - Q1 2025 results of downstream-focused majors have been in stark contrast with how bearish the market remains on the future of refining, with the past years demand growth jeopardized by trade wars. per barrel a year ago. - The contango futures structure that has developed in
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Downstream is the refining and processing phase, where crude oil is transformed into refined products and chemicals.
Kuwait has begun the long-planned merger of its two domestic state-owned refining companies. The move will see KPCs Kipic and KNPC subsidiaries form a single entity which will operate the emirates 1.42mn b/d refining capacity as well as 3.12mn b/d gas processing capacity and the 22mn t/y Al Zour LNG import terminal.
President Marcos signed legislation to establish a downstream gas industry in the Philippines by increasing the share of gas in the domestic energy mix and positioning the country as an LNG transshipment hub in the Asia-Pacific.
Join over 4,000 professionals and 180 exhibitors at Downstream USA 2025 (June 25-26, Houston), the definitive event for solving industry challenges, driving innovation, and fostering sustainable growth.
Study of Hydrogen Imports and Downstream Applications for Singapore Possible benefits of hydrogen deployment in Singapore include enhanced air quality, lower carbon emissions, development of new industries and creation of new employment opportunities, thus helping to ensure a sustainable future for Singapore.
(Oil & Gas 360) – The energy epicentre of Europe shifted to Milan on 19-21 May as PRC Europe 2025 brought together the leaders from the downstream sector. Our industry stands at the crossroads of transformation, and it is our shared commitment to innovation and sustainability that define the next chapter for downstream in Europe.
Downstream energy provider Phillips 66 has achieved a major milestone in its conversion of its San Francisco refinery into the Rodeo Renewable Energy Complex, expanding commercial scale production of renewable diesel.
Southeast Asia is a top producer of base metals, including nickel and copper, but its downstream-processing industry is lagging behind. Investing in digital and analytics could enhance productivity.
Geological sequestration of CO2 in a spin e aquifer is a serious undertaking, similar to upstream/downstream energy capital projects. It is a stage gated process; requiring focused decisions and corresponding resources at each stage.
Activist investor Elliott Investment Management wants oil major BP to replace its strategy chief and create separate units for upstream and downstream activities to improve accountability, a source familiar with the situation said on Friday.
Our continued success, driven largely by the performance of our core regasification business, has positioned us as the industry leader in FSRUs and downstream LNG infrastructure'.
Such contracts between upstream LNG producers and downstream utility companies have provided buyers with security of supply over a protracted period while guaranteeing producers sufficient income to justify the investment in export facilities and shipping fleets.
Freshly released official stats show Oman generated record export revenues from its downstream operations for 2024 including a record $7.12bn for refined oil products, double 2023s $3.51bn (see chart). This was driven by the first full-year operations of the 255,000 b/d Duqm refinery which exports all of its output (MEES, 14 February).
This weeks agreement paves the way for a major expansion of Saudi Arabias Yasref refinery, with a complex petrochemicals integration project yielding higher-value chemicals products to feed derivatives plants in the growing Yanbu downstream hub.
Theres a lot to like about the Uinta Basins waxy crude, but ramping up its production and use in refinery feedstock slates will require multimillion-dollar investments in rail terminals, special rail cars, heated storage, refinery equipment and other midstream and downstream infrastructure.
Por parte de Andy Walz Presidente de Downstream, Midstream y Productos Qumicos mencion que en el futuro se necesitarn muchas formas de energa para impulsar el transporte, por lo que Chevron actualmente est realizando inversiones teniendo en cuenta no slo el entorno de transporte actual, sino tambin los posibles cambios en las prximas dcadas.
Further upping the stakes, crude oil production in the region has declined faster than downstream consumption, so it has had to increasingly rely on imported barrels to support its dwindling refinery throughput.
Ammonia | NH3, Bunkering in Singapore Joint Feasibility Study Storage; there is only one existing ammonia storage tank in Singapore (Jurong Island) meant for specialty chemical and other specific downstream applications. Various storage terminal operators with operations in Jurong Island have been engaged.
This slug can cause significant damage to downstream equipment if it’s inflow is not managed actively. Protection: By preventing large liquid slugs from entering downstream equipment, it protects expensive machinery from damage and ensures continued efficient downstream operations. 200 barrel housed Innopipe installation.
These contaminants, which can include dust, rust, pipe scale, water, and hydrocarbon liquids, can cause significant damage to downstream equipment, reduce efficiency, and compromise the quality of the final product. Contaminants can reduce the performance of downstream equipment, leading to increased energy consumption and reduced throughput.
For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Downstream Investments; Refining and Distribution : The downstream sector involves refining crude oil into usable products such as gasoline, diesel, and jet fuel, and distributing these products to consumers.
Iron Gate, the farthest dam downstream on. The arrival of the salmon signaled that the last and largest dam standing of the four hydroelectric dams on the river, the Iron Gate dam, was no more. The dam officially came down on Oct.
Shell Downstream Director Huibert Vigeveno heralded the project: “Building this world-class facility is a fantastic achievement and one the team can be proud of; it’s a showcase of Shell’s project.
It will cover the oil and gas upstream, midstream, and downstream sectors, as well as energy transition industries, they said March 26. THREE60 Energy and COMS Energy have formed a strategic alliance to deliver industry-leading pre-commissioning and completions services for an initial three-year period.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content