
Mexico could be biggest winner from OPEC production cut
James Burgess from OilPrice.com has released a market commentary in which he predicts Mexico could be one of the countries to benefit the most since OPEC has announced its production cut.
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The UAE LNG market is projected to grow due to a decline in domestic natural gas supply and the implementation of government policies supporting the adoption of LNG-based power generation.

A majority of American voters believe that shifting the point of obligation under the Renewable Fuel Standard (RFS) from refiners to wholesalers and fuel retailers would harm the economy.

The Pipeline and Hazardous Materials Safety Administration (PHMSA) recognised in its new underground natural gas storage rule API’s efforts to promote safety.

According to the EIA, US oil and natural gas proved reserves decrease in 2015 due to lower prices.

Technip has been awarded an engineering and project management services contract by Shell Australia for the Prelude FLNG project.

Technip and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle™ technology for the production of ethylene dichloride.

Fuel Tech has announced it has been awarded Air Pollution Control (APC) contract orders totalling US$2 million.

In December, the industry is witnessing the first proposed output cut by OPEC since 2008, which marks a major departure from the market share policy followed for the past two years.

Gazprom, DEPA and Edison are reported to be determining an optimal route of Russian gas exports to the south of Europe.