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The latest downstream news



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).

 

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.


 

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