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
But PADD 2 refineries are maxed out on heavy crude, so virtually all those incremental barrels will need to keep flowing south to refineries and export terminals along the Gulf Coast. Western Canadian crude oil production is rising fast. To keep pace, Enbridge is planning expansions to its pipelines into the Midwest and Great Plains.
Image by Kreativorks via iStock Aliko Dangote, Africa’s richest person, plans a stock listing for his Nigerian crude oil refinery by the end of next year to widen the company’s investor base. The oil facility can processes 650,000 barrels of crude a day, making it the continent’s biggest refinery. WHAT DO YOU THINK?
Also progressing with planned conversion of idled 84,000-b/d conventional refinery in Livorno, Tuscany, into what will become Italy’s third biorefinery. Robert Brelsford Aug. 4, 2025 3 min read Key Highlights "Will contribute to reaching our 2030 target to increase our [system-wide] biorefining capacity to over 5 million tpy."
Downstream, capital expenditures for the first half of 2025 were US$5.1bn, an increase of 33.1% The decrease was mainly due to the impact of lower revenues (due to lower crude oil prices and lower refined and chemical products prices) as well as higher operating costs, according to the company.
“The agreement underscores ADNOC Gas’ expanded global footprint, particularly across the high-demand Asian LNG market, reinforcing its role as a reliable global supplier of LNG”, ADNOC Gas said in a statement online. and GAIL India Ltd. Last February ADNOC Gas announced a 14-year deal to supply up to 1.2 MMtpa of LNG to Indian Oil.
Since entering full service in 2023 , the system has enabled ExxonMobil and its partners to exert greater control over Permian production flows, optimize refinery supply chains, and enhance export capabilities—solidifying its role as a cornerstone of U.S. Spanning over 640 miles with a 1.5 midstream infrastructure.
A horizontal separator is typically the first piece of equipment downstream of the wellhead choke, dividing the flow into gas, oil, and water streams based on density difference. Pounding Sand Oil and gas wells seldom produce a nice clean stream of hydrocarbons. paraffins, waxes, and asphaltenes.)
Image by Chaloemphan via iStock Russia’s oil product exports dropped in June to the lowest in eight months amid extended work at refineries supplying Baltic ports, coupled with efforts to stabilize domestic fuel supplies before the upcoming seasonal surge in agricultural and holiday consumption.
Israel’s Oil Refineries said its pipelines and transmission lines in Haifa had been damaged by missile strikes by Iran, according to a regulatory filing to the Tel Aviv Stock Exchange. Read more]
0% Brent Crude $66.39 -0.06% Natural Gas $3.08 +0.29% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Russia Says Drone Attack Caused Fire at Afipsky Refinery by Bloomberg | Bloomberg News | Thursday, August 07, 2025 | 11:23 AM EST The incident comes during a renewed wave of Ukrainian drone strikes targeting Russia's downstream oil sector.
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. To cover its domestic demand, Indonesia currently
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.
(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.
The latter and the 615,000 b/d Al Zour refinery are operated by Kipic, which was hived off from KNPC in 2016. Kuwait has begun the long-planned merger of its two domestic state-owned refining companies.
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.
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.
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).
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.
For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Midstream Investments; Transportation and Storage : The midstream sector focuses on transporting and storing oil and gas from production sites to refineries and end-users.
The Shell Polymers Monaca (SPM) petrochemical refinery in western Pennsylvania, became fully operational this week, marking it as the first major polyethylene manufacturing complex in the Northeast.
Nasser, Aramcos president and CEO, noted that Aramco has made significant strides during the year on a number of projects and initiatives aimed at reinforcing its upstream pre-eminence, further integrating its downstream portfolio and developing the new energies business.
Downstream, Aramco made progress in capital projects such as the construction of the refinery-integrated petrochemical steam cracker being developed by S-OIL, the Amiral expansion at the SATORP refinery, and other projects. The company progressed increment projects to maintain MSC at 12.0 Aramco president & CEO Amin H.
For many, stealing crude oil from the pipelines and processing it at one of the many illegal refineries in the region is a means of earning a living. The government has been fighting the illicit refineries for years. Nigeria joined OPEC in 1971 before it even had its own state oil company. Exxon comes next: the U.S.
The Keystone 1 pipeline carries up to 720,000 barrels per day of tarsands from Alberta, Canada to refineries in Texas and Illinois.) 7 after alarms and a pressure drop in the system, the company said in a release, adding booms were deployed to control downstream migration of the release. CT on Dec. 30 spill. #21:
In what may be considered a warning shot to overzealous federal prosecutors looking to obtain criminal convictions under the Clean Air Act (“CAA”) or the Migratory Bird Treaty Act (“MBTA”), the Court of Appeals reversed criminal convictions against Citgo related to violations of both Acts at its Corpus Christi refinery. 16 U.S.C. §
Trumps action to bulk up protections for American steel and aluminum producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and soda cans. per day via pipeline, mainly to Midwest refineries.
Resources across energy and mining could see substantial downstream effects. In a diversification scenario (in which companies seek new sources of supply), about $1 trillion of that growth might not be realized. In a fragmentation scenario (in which geopolitically distant economies trade less), about $3 trillion of it could be lost.
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