The task of communicating, educating and marketing new technologies to key petroleum industry players can seem daunting and almost impossible.
Swipe Right on PR: Why It's a Match for Your O&G Tech Company

Thursday, August 25, 2016 The task of communicating, educating and marketing new technologies to key petroleum industry players can seem daunting and almost impossible.
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Outlook & Insights
Swipe Right on PR: Why It's a Match for Your O&G Tech Company
(Thursday, August 25, 2016) The task of communicating, educating and marketing new technologies to key petroleum industry players can seem daunting and almost impossible.

COLUMN-Colder 2016-17 Winter Will Boost U.S. Heating Oil and Gas Demand
(Wednesday, August 24, 2016) The U.S. summer driving season ends with Labor Day on Sep 5, and the attention of the energy markets is already switching to the forthcoming winter heating season.

Please Fill Us In!
(Wednesday, August 24, 2016) Your input is important for a new DownstreamToday initiative.

Educating iGen, the Literary Way: Engineer Writes Book about Oil, Gas
(Tuesday, August 23, 2016) An engineer chose to author a children's book about oil and gas to portray a more positive side to the industry.

COLUMN-Saudi Arabia Isn't Flooding Oil Market Ahead of Freeze Talks
(Tuesday, August 23, 2016) Saudi Arabia's oil production hit a record in July, according to published statistics, and is likely to hit another in August, according to industry sources.

Refining
Developer: Safety Training Tool Is Fun but Not a Game
(Wednesday, August 24, 2016) Virtual reality system can engage new generation of downstream workers, says exec.

Oil Refiners Face Reprieve as Maintenance Tames Fuel Glut
(Wednesday, August 24, 2016) Oil refiners reeling from tumbling profits can expect some reprieve in the coming weeks as lower production will tame a huge global excess of gasoline and diesel.

Saudi Aramco Could Reduce Stake in $5.5 Bln Indonesia Refinery Project
(Wednesday, August 24, 2016) Such a move could be a setback to Indonesian President Joko Widodo's plans to overhaul the creaking energy infrastructure in Southeast Asia's largest economy.

Gas Leak Has California Preparing for LNG Imports, Capping Use
(Tuesday, August 23, 2016) California is looking at capping the amount of natural gas burned by power plants this winter, exploring the potential for liquefied gas imports and monitoring oil refiners' use of the fuel.

China Targets Teapot Oil Refineries in Tax Crackdown -Sources
(Tuesday, August 23, 2016) China's crackdown on alleged tax evasion in the oil industry will target independent refineries and follows complaints by state energy giants, in the first major sign of growing tensions between established players and their upstart rivals.

Biofuels
Obama Rule Could Take Wind Out of Renewable Power on Public Land
(Monday, August 22, 2016) Although the Obama administration has given initial approvals to 46 wind and solar projects on 216,356 acres of public lands since 2009, just 15 are in operation.

U.S. EPA Has Not Completed Required Review of Biofuel Mandate -Report
(Friday, August 19, 2016) EPA's Inspector General concluded that the agency has not issued a report to Congress on the environmental impacts of the Renewable Fuel Standard since 2011.

California Lawmaker to Withdraw Zero Emissions Vehicle Bill
(Thursday, August 18, 2016) Automakers, the oil industry and labor opposed the legislation.

Icahn Urges EPA to Change Renewable Fuel Credit Market
(Tuesday, August 16, 2016) "The RIN market is the quintessential example of a 'rigged' market," billionaire investor and independent refiner owner Carl Icahn said in a letter to U.S. Environmental Protection Agency administrators.

Solar Manufacturers Pivot Away From Big U.S. Utility Plants
(Thursday, August 11, 2016) The top two U.S. solar manufacturers are shifting away from the biggest domestic market because utilities aren’t signing as many deals to buy electricity from their giant power plants.

Petrochemical
Developer: Safety Training Tool Is Fun but Not a Game
(Wednesday, August 24, 2016) Virtual reality system can engage new generation of downstream workers, says exec.

UK Lawmakers Push for Ban on Plastic Microbeads
(Wednesday, August 24, 2016) Britain should ban the use of plastic microbeads in cosmetics and toiletries, a group of lawmakers has recommended, saying companies' voluntary efforts to phase them out were not enough.

Chem Regs Report: A Possible Blueprint for EU Rulemaking?
(Tuesday, August 23, 2016) Might a "revolutionary" EU report on chemicals regulations represent a turning point?

Sasol Boosts Lake Charles Costs to 'Worst-Case' $11 Billion
(Tuesday, August 23, 2016) The revision reflects “poorer-than-anticipated subsurface conditions," requiring more ground works, weather delays, and higher construction and labor costs, the Johannesburg-based company said in a statement.

China Refiners, Petrochemical Companies to Propose CO2 Benchmarking Plan
(Tuesday, August 23, 2016) China's oil refining, petrochemical and chemical companies will propose a plan to benchmark their carbon dioxide (CO2) emissions as the first step toward setting up an emissions market for the sector, the group's industry association said on Tuesday.

Pipelines
Trains, Trucks and Two Tankers: Mercuria Devises U.S. Oil Deal
(Wednesday, August 24, 2016) Mercuria this month combined railways, barges, pipelines, trucks and a ship-to-ship transfer in the Caribbean to transport U.S. crude to Africa for storage, joining other oil traders finding increasingly innovative ways to export U.S. crude.

Williams Needs 'Sam Zell' of Energy Pipelines, Corvex Says
(Monday, August 22, 2016) Corvex Management LP's Keith Meister said he's looking for the "Sam Zell" of the energy pipeline industry as he plans to nominate up to 10 people for the Williams Cos. board of directors.

Russia's Gazprom: All Nord Stream 2 Partners Stay in Project -TASS
(Monday, August 22, 2016) All partners of the Nord Stream 2 gas project have confirmed their commitment to the planned pipeline and will consider different options of financing the link, TASS news agency cited Gazprom CEO Alexey Miller as saying on Monday.

Anger In The Delta Keeps Oil Majors Quiet - And Nigeria's Crude Offline
(Monday, August 22, 2016) Oil companies and even Nigerian officials are losing faith in a deal anytime soon with militants who have slashed the nation's oil output.

Texas Railroad Commission Overhaul in the Works
(Friday, August 19, 2016) Commissioner Christi Craddick and industry interest groups work on new initiatives before Texas Legislature convenes.

Terminals & Storage
Trains, Trucks and Two Tankers: Mercuria Devises U.S. Oil Deal
(Wednesday, August 24, 2016) Mercuria this month combined railways, barges, pipelines, trucks and a ship-to-ship transfer in the Caribbean to transport U.S. crude to Africa for storage, joining other oil traders finding increasingly innovative ways to export U.S. crude.

U.S. Crude, Gasoline Stocks Build Unexpectedly as Refineries Cut Output-EIA
(Wednesday, August 24, 2016) U.S. crude and gasoline inventories rose unexpectedly last week as refineries cut output, the U.S. Energy Information Administration said on Wednesday, prompting a drop in oil futures.

Big Oil Tankers' Need for Retrofit Delays Use of New Panama Canal
(Tuesday, August 23, 2016) The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected.

UK Gas Supply Worries Ease; Storage Site to Open More Wells for Withdrawals
(Monday, August 22, 2016) Twenty wells at Britain's Rough gas storage site should be available for withdrawals from Nov. 1, Centrica Storage Limited (CSL) said on Monday, above the operator's previous estimate and easing concerns about record low gas stocks this winter.

Angola's Sonangol Suspends Oil Refining, Terminal Projects
(Monday, August 22, 2016) Angolan state oil firm Sonangol has suspended construction works at the Lobito refinery and the Ocean Terminal of Barra do Dande, it said in a statement on Monday.

LNG / LPG
Exxon's Pacific Partner Sees LNG 'Revolution' Among Buyers
(Wednesday, August 24, 2016) Exxon Mobil Corp.'s partner in a $15 billion LNG export project in Papua New Guinea sees Asian buyers pushing back on the pricing and structure of LNG contracts as a glut of supply gives them greater bargaining power.

Rasgas Delivers First LNG to Italy's Toscana Terminal
(Wednesday, August 24, 2016) Qatar's RasGas delivered its first shipment of LNG to Italy's Toscana floating storage regasification unit (FSRU) on Tuesday, the company said in a statement.

Citi Sees Future of LNG Trading in Tanker Traffic Near Texas
(Wednesday, August 24, 2016) A rapidly approaching future in which shale-gas-filled tankers off the coast of Texas and Louisiana are sent all over the world could create a liquefied natural gas futures market in the U.S.

Gas Leak Has California Preparing for LNG Imports, Capping Use
(Tuesday, August 23, 2016) California is looking at capping the amount of natural gas burned by power plants this winter, exploring the potential for liquefied gas imports and monitoring oil refiners' use of the fuel.

Oil Search Says Second PNG Greenfield Project May Not Proceed
(Tuesday, August 23, 2016) Oil Search Ltd. said development of a second standalone LNG export terminal in Papua New Guinea is unlikely with Exxon Mobil Corp. and Total SA expected to favor cooperation to expand the existing PNG LNG project.

Commodities
Oil Prices Fall off Larger than Expected Rise in Crude Inventories
(Wednesday, August 24, 2016) Oil prices fall immediately following the release of the EIA's Weekly Petroleum Status Report.

Egypt Plans to End Fuel Subsidies Within Three Years - Sources
(Tuesday, August 23, 2016) Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of their actual cost during the 2016/17 fiscal year, two government sources told Reuters on Tuesday.

Oil Up On Iran Talk; Stockpile Build Cited By API Surprises
(Tuesday, August 23, 2016) Oil prices rise after Reuters reports Iran was sending positive signals that it may support joint OPEC action to prop up the market.

Oil Down 3 Pct as Rally Snaps on Rising Crude, China Fuel Exports
(Monday, August 22, 2016) Oil settles down more than 3 percent, retreating from last week's two-month highs, on worries about burgeoning Chinese fuel exports, more Iraqi and Nigerian crude shipments and a rising U.S. oil rig count.

Canada Inflation Rate Cools in July as Gas Prices Fall
(Friday, August 19, 2016) Canada's annual inflation rate cooled as expected in July, pulled down by cheaper gasoline prices, even as the cost of food and shelter climbed, data from Statistics Canada showed on Friday.

Finance & Acquisition
Planned BP Stake Sale in Indian Unit Has Not Taken Place - Exchange Data
(Wednesday, August 24, 2016) An up to $261 million share sale in Castrol India Ltd by BP Plc due to take place on Wednesday according to a term sheet seen by Reuters had not taken place as of the end of the trading day, according to exchange data.

Caltex Australia: Petrol Prices Reflect Costs as Oil Slump Hits Earnings
(Tuesday, August 23, 2016) Caltex Australia Ltd on Tuesday said the cost of running its petrol stations is reflected in its fuel prices, after Australia's competition regulator said decade-high charges nationwide belied a slump in oil prices.

BP Unit Selling Up to $261 Mln Stake in Castrol India - Termsheet
(Tuesday, August 23, 2016) Castrol Ltd, a unit of oil major BP Plc, is selling an up to $261 million stake in Castrol India Ltd in a block trade on Wednesday, according to a termsheet seen by Reuters.

Couche-Tard Agrees to Buy CST Brands for Almost $4 Billion
(Monday, August 22, 2016) "With this transaction we would strategically strengthen our positioning in both the 'Sun Belt' and the East Coast of North America," Brian Hannasch, chief executive officer of Laval, Quebec-based Couche-Tard, stated.

Enbridge Files Mixed Shelf Offering of Up to $7 Bln - U.S. SEC
(Monday, August 22, 2016) Enbridge Inc, Canada's largest pipeline company, filed a mixed shelf offering of up to $7 billion with the U.S. Securities and Exchange Commissions on Monday, according to a SEC filing.

People on the Move
Floerke, Nickerson Moving into New Roles with Marathon Petroleum Units
(Wednesday, August 24, 2016) Marathon Petroleum Corp. (MPC) is making changes in the senior management structure of the general partner of MPLX LP, MPC's master limited partnership, and MarkWest Energy Partners, L.P., a wholly owned subsidiary of MPLX.

Kinder Morgan Exec Shares Key Points in Career Advancement
(Friday, August 19, 2016) Lisa Shorb shares her experiences and advice for advancing in today's energy industry.

Gunvor Hires Mercuria Treasurer in U.S. Expansion -Sources
(Wednesday, August 17, 2016) Swiss commodities trading house Gunvor Group reportedly has hired Chris Morran, a treasurer for rival commodities firm Mercuria Energy Trading, in the latest move to expand its footprint in the United States.

Williams to Expand Board with Three New Independent Directors
(Tuesday, August 16, 2016) U.S. oil and gas pipeline company Williams Cos Inc said on Monday it intends to add three new independent directors to its board, nearly two months after six of its directors quit.

Board Leadership Changes at T.D. Williamson
(Monday, August 15, 2016) T.D. Williamson, a Tulsa-based pipeline and services company, Monday announced the retirement of longtime board chairman and past president and CEO Richard B. "Dick" Williamson.






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