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Downstream news updates

Petrobras extends UTG Catu gas processing contracts

Petrobras, PetroReconcavo, Brava Energia, and Origem Energia have signed long-term contract addenda regarding access to natural gas processing at the Catu Natural Gas Treatment Unit, located in Pojuca, Brazil, and operated by Petrobras.

 

Clariant launches two new R&D laboratories in China

Clariant has announced the official launch of two new research and development laboratories for its Additives business in China: one at the Daya Bay production site in Huizhou and one at the One Clariant Campus (OCC) in Shanghai.

API: who sets the price of oil?

The American Petroleum Institute explore how the price of oil is actually determined in the latest release here.

Dangote Refinery secures US$1 billion backing ahead of planned IPO

The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the completion of a US$1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing.

First Nations to lead Kino Aski LNG project

Kino Aski Inc. and Marinvest Energy Canada Inc. have announced the joint development of Kino Aski LNG, a First Nations-led energy corridor and LNG project designed to supply Europe with competitive, low-carbon Canadian energy.


More hydrocarbon news updates

 

Argentina LNG applies for RIGI approval

Argentina LNG has submitted its application to join Argentina’s Large Investment Incentive Regime for the development of its integrated LNG production and export project, with a total investment of US$51 billions throughout the life of the project.

 
 

Braskem develops bioacetone technology

Braskem and Lallemand Biofuels & Distilled Spirits have announced the development of an innovative technology for producing bioacetone from corn ethanol.

 
 
 
 
 
 
 

Sherwin Williams launches range of chemical-resistant coating systems

As regulatory expectations around secondary containment in chemical storage continue to evolve, Sherwin Williams Protective and Marine Coatings has launched a new range of systems designed to provide comprehensive, compliant protection, tailored to a versatile set of applications.

 

KN Energies and Indel Petro sign MoU in Vietnam

KN Energies and Indel Petro have signed a memorandum of understanding in Vietnam to establish a framework for co-operation in energy and infrastructure projects in the country.

 

Topsoe to provide technology for First Ammonia

Topsoe has signed an agreement with First Ammonia to provide its ammonia synthesis technology for the company’s green ammonia production facility in Victoria, Texas, US.

 

BSR opens international financing options for Dung Quat

Petrovietnam Refining and Petrochemical Corp. (BSR) has issued a Request for Proposal for financing the Dung Quat Oil Refinery Expansion and Upgrade Project, with a proposed loan of about US$600 million.