Energy anxiety
Ng Weng Hoong, Contributing Editor, looks at Asia’s energy insecurity as the region’s strong oil demand outlook is matched by continuing supply fears.
The latest downstream news
Delta sets ambitious climate goal
Delta Air Lines is committing US$1 billion over the next 10 years on its journey to mitigate all emissions from its global business going forward.
Daya Singa Sdn Bhd inks distribution deal with Dropsafe
Dropsafe believes that the agreement will ensure the oil and gas, energy, and maritime industries in Malaysia can easily access high quality drops prevention solutions.
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Fluor awarded adiponitrile plant contract
Fluor has announced that it will carry out engineering, procurement, and construction for a 400 000 tpy adiponitrile plant in China.
SoCalGas announces support for biomethane incentive reservation system
Southern California Gas Co. (SoCalGas) has announced support for the California Public Utilities Commission (CPUC) new Incentive Reservation System for the CPUC biomethane monetary incentive programme in California, US.
Versalis announces new chemical recycling project
Eni’s Versalis has announced the launch of a new chemical recycling project which aims to turn mixed plastic waste into new polymers.
ExxonMobil confirms senior appointments
Exxon Mobil Corp.’s board of directors has elected Stephen Littleton as Vice President of Investor Relations and Corporate Secretary.
Asia to contribute 40% of new-build refining capacity growth
GlobalData has reported that Asia is expected to contribute 40% of new-build refinery capacity growth by 2024.
Adler and Allan wins VINCI APPA award for innovation
Adler and Allan has announced that it has won the VINCI APPA award for innovation for introducing a new interceptor lining process to the Shell Group.
Upcoming hydrocarbon events
ME-TECH 2020 - Middle East Technology Forum for Refining & Petrochemicals
18 Feb 2020 - 20 Feb 2020
Jumeirah at Etihad Towers
Abu Dhabi,
United Arab Emirates
70th Annual Laurance Reid Gas Conditioning Conference
24 Feb 2020 - 27 Feb 2020
Norman,
Oklahoma,
United States
Middle East Refining Technologies Conference (MERTC)
02 Mar 2020 - 04 Mar 2020
Bldg. 112
King Mohammed VI Ave,
Block 428, Al Seef District,
Manama,
Bahrain
US natural gas prices fall to lowest level since 2016
The EIA has reported that natural gas prices have fallen to their lowest level since 2016 and the lowest February prices in 20 years.
Trefoil to work with Inatech for IT overhaul
Trefoil has contracted Inatech to overhaul its management systems due to new customs rules following IMO 2020.
KBR and MHPS agree steam and power generation collaboration
KBR and MHPS have agreed to work together to use pitch from the solvent de-asphalting process for steam and power generation.
INEOS partners with Forever Plast
INEOS has announced a partnership with Forever Plast to recycle plastic bottle caps into new caps.
Lukoil announces new hydraulic oil range
Lukoil has announced its updated range of cold-weather lubricants suited for Arctic conditions.
NextChem and Saola Energy to deliver renewable diesel technology
Maire Tecnimont Group’s NextChem, an Italian company focused on Energy Transition, has launched a new partnership with Kansas based Saola Energy to license technology for the production of renewable diesel.
BP sets out ambitious new plan
BP has outlined fundamental changes to its organisation as it aims for net zero by 2050.
Linde starts up new air separation unit in Texas
Linde has started up a new air separation unit to supply oxygen and nitrogen to MEGlobal’s petrochemical plant.
December 2019 saw oil and gas industry deals worth US$37.6 billion
GlobalData has reported on the value of oil and gas industry deals in December 2019, which saw a total value of US$37.6 billion.
McDermott awarded crude storage tank contract
McDermott has announced that it has been awarded an EPFC contract for six crude oil storage tanks in Texas.