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.
Downstream news updates
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.
Air Liquide’s first contract with BASF in the Yeosu National Industrial Complex was signed 20 years ago.
Max Midstream and the Calhoun Port Authority (CPA) have announced that the expansion of the Calhoun port in Houston, Texas, will begin in 2021 with the recent passage of the 'Water Resources and Development Act' by Congress.
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.
More hydrocarbon news updates
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.
The company has acquired a 40% stake in H2V Normandy, which is aiming to build a electrolyser complex for the production of renewable and low-carbon hydrogen.
KBR will provide technical solutions to support SK E&S's plan to build a 30 000 tpy liquefied hydrogen facility and supply liquefied hydrogen to various metropolitan areas in South Korea.
Once operational, the plant will process around 250 000 t of locally sourced wheat straw per year into 50 000 t of cellulosic ethanol.
As Joe Biden’s inauguration approaches, Wood Mackenzie experts share how his administration could impact trade, climate change goals, and changes to the energy sector in Asia Pacific.
The Seri Everest, the world’s largest VLEC, departed from Energy Transfer’s Nederland Terminal in Texas on 17 January 2021 loaded with over 911 000 barrels of ethane.
McDermott’s CB&I Storage Solutions business has been awarded a study to research opportunities to expand current liquid hydrogen storage capacity limits.
Global acrylonitrile-butadiene-styrene capacity is poised to register a total growth of 19% from 11.36 million tpy in 2019 to 13.49 million tpy in 2024, according to GlobalData.
Chart Industries Inc. has announced that it intends to transfer the listing of its common stock to the New York Stock Exchange effective 1 February 2021.
Alfa Laval will head a development initiative that will aim to find scalable solutions for non-carbon fuels for the shipping industry.
The project will be the first of its kind to use waste tyres as feedstock for low carbon, low sulfur fuel production.
thyssenkrupp has been awarded an engineering contract to install a water electrolysis plant, which will advance both green hydrogen and biofuel production in the country.
Annual throughput stood at 674.41 million t in 2020, or about 13.45 million bpd, up roughly 410 000 bpd from 2019, data from the National Bureau of Statistics shows.