Following announcements at the Saudi-US CEO Forum, Motiva Enterprises has confirmed it has set plans to become the safest and most profitable downstream business in the US.
The latest downstream news
Caspian Sunrise has announced that it expects all conditions for the merger and the associated capitalisation of the Vertom loan, will be concluded by 1 June 2017.
The LA Metro has announced it has awarded Clean Energy with a multi-year contract for its Redeem™ fuel.
More hydrocarbon news updates
The Massachusetts Petroleum Council (MPC) has appointed David O’Donnell as its new Associate Director.
Aries Clean Energy Project has announced it has been awarded the State of Tennessee's highest environmental stewardship recognition award.
Wison Engineering has announced it will collaborate with Honeywell UOP on international methanol-to-olefins projects.
Koch Supply & Trading, JOVO, MISC and Teekay Marine Solutions have announced the signing of a pioneering deal in LNG ship-to-ship transfer.
Lucid Energy Group has announced it is starting up its Red Hills II cryogenic processing plant in Lea County, New Mexico.
Chevron Phillips Chemical has announced it has increased its organosulfur capacity at the Tessenderlo Facility in Belgium.
Southern Oil has announced the official opening of the Northern Oil advanced biofuels pilot plant, the first facility to convert waste products into renewable fuels in Australia.
The high-level meeting saw presentations from OPEC on short-term oil market developments, as well as the long-term energy outlook.
Shareholders at major energy companies have pushed for methane transparency and gained ground on the issue with three double-digit votes.
Vopak Terminal Deer Park has announced it has reached an agreement with the US and the State Of Texas on improved emissions controls.
Odfjell SE has announced it has purchased a stainless steel chemical tanker in a second hand transaction.
ADNOC has signed an exclusive agreement with Penthol for Group III base oil sales into the USA through the Vertex-Penthol Partnership.
ExxonMobil has announced it has completed its new polyethylene lines at the Mont Belvieu Plastics Plant in Texas, US.
According to the US EIA, net oil revenues from oil producing and exporting countries (OPEC) in 2016 were the lowest they have been since 2004.