
Downstream company announcements: 4 November 2014
The latest downstream company announcements.
Browse the latest refining news and articles.

The Institute for Energy Research seeks to explain recent global oil price declines and forecast their effects.

The latest downstream news from around the world.

Blasch’s VectorWall is to become the standard for MECS.
Chevron has reported earnings of US$ 5.6 billion (US$ 2.95 per share – diluted) for Q3, 2014, compared with US$ 5.0 billion in the 2013 third quarter.

Chevron has been awarded a contract by Shandong Sincier Petrochemical for three hydroprocessing units.

According to Business Monitor International, oil prices at US$ 60/bbl would have a harmful impact on Sub-Saharan Africa’s economic growth outlooks.

Earnings in the period rose 3% from the third quarter of 2013, driven by higher margins and improved operations in the downstream and chemical businesses.

A further collection of announcements from companies involved in the oil and gas sector including MOL, Velocys and Rolls Royce.

According to IHS, the Engineering and Construction Cost Index (ECCI) for October eased relative to September, reflecting lower oil prices.