IEA urges the oil and gas sector to cut methane emissions
On Monday, the International Energy Agency (IEA) announced methane emissions from the oil and gas industry fell by an estimated 10% in 2020 in response...
Category : Downstream
Downstream is our category in which we host pieces on refining, and whole selling of petroleum products. News about U.S. major refineries such as Valero, Shell, ExxonMobil and others.
On this category we also host pieces about renewable fuels; also biodiesel and renewable diesel, which are disrupting the industry as it seeks cleaner alternatives in the face of energy transition.
Downstream commonly refers to the sector of the energy industry in which refining; also fuel selling, and whole selling of petroleum derivatives occur. It also considers storage solutions and stockpile management.
In this regard, our platform also offers news and pieces about infrastructure development for refiners, digitalization, asset management among other topics of value for developers and decision makers.
EDP Renewables acquires C2 Omega’s majority interest
EDP Renewables NA announced Tuesday the acquisition of a majority interest in C2 Omega LLC. Through a new company called EDPR NA Distributed Generation LLC,...
Vermilion Energy Inc. Announces 2021 Budget
Vermilion Energy Inc. announced Monday its 2021 exploration and development (“E&D”) capital budget and associated production guidance. The Company is reducing its budget by 17%...
EPA may grant the majority of biofuel waivers pending from 2019
The Environmental Protection Agency (EPA) still under the Trump administration is expected to approve most of the biofuel waivers pending from 2019, according to sources...
Fluor updates its 2021 organizational and reporting structure
Fluor Corporation, a global engineering, procurement, and construction (EPC) and maintenance leader company, announced Monday an update to its organizational and reporting structure. Through this...
Total acquires Fonroche Biogaz on its quest to reduce oil dependance
Total, the French giant has announced this Monday the purchase of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units for biomethane...
Shell Canada invests in Quebec’s first biofuel plant
Shell Canada Limited, an affiliate of Royal Dutch Shell, will invest in Quebec’s first biofuel plant, the Varennes Carbon Recycling plant, that will produce fuels...
Gas prices expected to increase as the pandemic eases
The price of gasoline is expected to raise $3 a gallon by the end of 2021in the U.S. due to the economic recovery from the...
Shale patch top producer’s CEO foresees 2021 weak performance
According to Scott Sheffield, CEO of Pioneer Natural Resources Co., U.S. oil output is expected to remain at about 11 million barrels a day for...
U.S. gasoline prices drop to multiyear lows in 2020: EIA
During the last year, the U.S. gasoline prices dropped to multiyear lows of $2,17 per gallon, this is equivalent to 44 cents lower than in...