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Downstream news updates

 

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.

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.


More hydrocarbon news updates

 
 
 
 
 
 

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.

 
 
 
 

ENEOS Group to acquire TPC Holdings Inc.

ENEOS Holdings Inc. has announce that it has decided to acquire US chemical producer TPC Holdings, Inc. through ENEOS Holdings’ wholly owned US subsidiary, to make TPC a wholly owned subsidiary of ENEOS Holdings.