Magellan and Enterprise developing joint Houston crude oil futures contract
Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.
The latest downstream news
Venice LNG gains construction and operation authorisation for LNG store in Porto Marghera
Venice LNG has obtained the authorisation for the construction and operation of the LNG store in Porto Marghera.
Rotork launches cloud-based management system
Rotork has launched a programme of advanced analytics for the management of intelligent flow control assets.
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Air Liquide extends partnership with BASF in South Korea
Air Liquide’s first contract with BASF in the Yeosu National Industrial Complex was signed 20 years ago.
Max Midstream and CPA announce port expansion
Max Midstream and the Calhoun Port Authority (CPA) have announced that the expansion of the Calhoun port in Houston, Texas, will begin in 2021 with the recent passage of the 'Water Resources and Development Act' by Congress.
API comments on Biden executive orders
API has issued a statement on the Biden administration’s energy and climate executive orders.
Upcoming hydrocarbon events
WEBINAR - How to Develop the Right Grab Sampling System for Your Plant
16 Feb 2021 - 16 Feb 2021
ONLINE WEBINAR,
United Kingdom
Asia Turbomachinery and Pump Symposium (ATPS)
22 Feb 2021 - 25 Feb 2021
Online conference,
Kuala Lumpur,
Malaysia
OMV makes petrochemical investments at Burghausen Refinery
The measures aim to increase the site’s ethylene and propylene production capacity.
AFPM statement on Keystone XL Pipeline
The AFPM has released a statement addressing President Biden’s intention to rescind the permit for the Keystone XL pipeline.
API congratulates President Biden
API has issued a statement confirming that it stands ready to work with President Joe Biden and his administration.
Adapting to thrive in a changing downstream energy market
Hari Gopu, Alto Project Services, looks at the major changes occurring in the oil and gas sector, and suggests ways to continue capturing value.
IEA revises downwards 2021 oil demand
The IEA has revised down its forecast for global oil demand by 0.6 million bpd for 1Q21 and 0.3 million bpd for 2021 as a whole.
Preem and Vattenfall collaborate on hydrogen in Sweden
The two companies are investigating the large-scale production of fossil-free hydrogen for the biofuel sector.
Johnson Matthey adds manufacturing capacity for key components in green hydrogen
Johnson Matthey has announced new manufacturing capacity for the production of catalyst coated membranes, which sit at the heart of electrolyser units.
Air Liquide investment to support renewable hydrogen production in France
The company has acquired a 40% stake in H2V Normandy, which is aiming to build a electrolyser complex for the production of renewable and low-carbon hydrogen.