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      Venezuela resumes direct oil shipments to China despite U.S. sanctions

      Downstream
      Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv...

      Mammoet launches SK6,000 crane to enhance FPSO modularization strategies

      Downstream
      Constructing FPSO and FLNG modules onshore has allowed EPCs and owners to expedite project schedules and increase cost-effectiveness. By constructing the hull and topsides...

      Downstream oil regulator PNGRB simplifies gas pipeline tariff

      Downstream
      Oil regulator PNGRB has simplified the country's gas pipeline tariff structure to make the fuel more affordable for distant users and to attract investment...

      ABB digitises gas supplies control for tea gardens, industrial units

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      ABB India on said that 74 tea gardens in Assam as well as six big industrial customers have upgraded to first-of-its-kind ABB  igital gas...

      Sinopec merges two Guangdong-based refineries, lifts more US oil

      Downstream
      China's Sinopec Corp has merged two subsidiary refineries in Guangdong, two company sources said, as the state refining giant looks to improve operations in...

      Vietnam Refinery First Step to Reach Leading Position in Downstream, Marketing and Petrochemicals

      Downstream
      Kuwait Petroleum Corporation (KPC) prepares to ship two million barrels of crude to the Vietnam Refinery in August 1, 2017 in order to supply...

      Exxon posts deepest-ever loss as Covid-19 destroys global oil demand

      Downstream
      Exxon Mobil posted its worst loss in its modern history after the pandemic slammed headlong into a global crude glut to savage almost every...

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      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

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