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 has obtained the authorisation for the construction and operation of the LNG store in Porto Marghera.
Rotork has launched a programme of advanced analytics for the management of intelligent flow control assets.
The AFPM has released a statement addressing President Biden’s intention to rescind the permit for the Keystone XL pipeline.
API has issued a statement confirming that it stands ready to work with President Joe Biden and his administration.
Hari Gopu, Alto Project Services, looks at the major changes occurring in the oil and gas sector, and suggests ways to continue capturing value.
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.
The two companies are investigating the large-scale production of fossil-free hydrogen for the biofuel sector.
Johnson Matthey has announced new manufacturing capacity for the production of catalyst coated membranes, which sit at the heart of electrolyser units.