US to become leading LNG exporter by 2025
GlobalData has reported that the US is set to be a leading LNG exporter by 2025.
The latest downstream news
Curtiss-Wright to acquire Dyna-Flo Control Valve Services
Curtiss-Wright has announced that it has entered into an agreement to acquire Dyna-Flo Control Valve Services.
Phillips 66 and Trafigura form terminal joint venture
Phillips 66 and Trafigura have announced that they have formed a joint venture to develop an offshore deepwater port.
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Xodus Group releases new global energy demand analysis
Xodus Group has published a new analysis highlighting the need for a drastic shift to natural gas in order to keep up with rising energy demand.
BP withdraws from three trade associations
BP has announced that it is withdrawing its membership from American Fuel and Petrochemical Manufacturers (AFPM), the Western States Petroleum Association (WSPA) and the Western Energy Alliance (WEA).
BPGIC and Fujairah Oil Industrial Zone sign land lease agreement
BPGIC has announced that it has recently signed a land lease agreement with UAE’s Fujairah Oil Industrial Zone.
Hempel makes senior appointment
Hempel has appointed Katarina Lindström as its Executive Vice President and Chief Operating Officer.
Exmar receives cash collateral
Exmar has announced that the Bank of China has released US$40 million from the debt service reserve account, under the loan facility for Tango FLNG.
L.A. Turbine commissions turboexpander
L.A. Turbine has commissioned its second ARES Active Magnetic Bearing (AMB) Turboexpander-Compressor within a cryogenic natural gas processing plant in Texas, US.
Upcoming hydrocarbon events
Middle East Refining Technologies Conference (MERTC)
02 Mar 2020 - 04 Mar 2020
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[WEBINAR] Nano-engineered Zeolites in Hydrocracking Catalysts – Unlocking Ultimate Performance
19 Mar 2020 - 19 Mar 2020
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Nigeria leads in African new-build refining capacity growth
GlobalData has reported that African new-build refining capacity growth is to be led by Nigeria by 2024.
Aramco Trading opens London office
Aramco Trading Company has broadened its European presence with the establishment of a London office.
Chart, ExxonMobil and Indian Oil sign letter of cooperation
Chart Industries Inc. has signed a letter of cooperation with ExxonMobil India LNG Ltd and Indian Oil Corp. focused on pioneering virtual pipelines to accelerate gas access in India.
PKN ORLEN licenses Honeywell technology for phenol production
Honeywell has announced that its technology has been selected by PKN ORLEN for a new phenol complex in Poland.
ADNOC announces expansion of carbon capture programme
Speaking at the ICCUS conference, the CEO of ADNOC has announced the expansion of its carbon capture utilisation and storage aims.
US crude oil imports remain strong to support refineries
The EIA has reported that US crude oil production has increased but imports remain strong in order to support refinery operations.
ENOC Group and Idemitsu sign supply and distribution agreement
ENOC Group has announced that it has signed an agreement with Idemitsu for the supply and distribution of lubricants.
Polskie LNG plans expansion of LNG regasification facility
Polskie LNG has announced that it has signed a contract for the extension of an existing LNG regasification facility in Poland.
Mitsubishi Chemical acquires chemical recycling companies
Mitsubishi Chemical has announced that it has acquired the Minger Group, two Swiss engineering plastics recyclers.
StocExpo to release an Industry Trends Report
StocExpo has announced that it is releasing its first ever Industry Trends Report.