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Downstream news updates


CLG wins contract from TAQAT

Chevron Lummus Global (CLG) and TAQAT Development Co. have announced a license and engineering agreement for a needle coke/synthetic graphite complex.

More hydrocarbon news updates

McKinsey: the near-term outlook for refining

With record high margins in 2022 pushing toward increasing market tightness, volatility, and potential long-term challenges, players can use this time as an opportunity to become more resilient. Cherry Ding, Tim Fitzgibbon, Hari Govindahari and Brian Roth, McKinsey, discuss.


API announces strategic partnerships with ASNT and NDTMA

API has signed two separate MoUs with ASNT and NDTMA to support the industry’s shared goal of promoting quality non-destructive testing and examination, and enhanced safety for the natural gas and oil industry.


Aspen Technology to support BPCL's refining operations

Aspen Technology's process simulation software is being integrated with BPCL's real-time crude assaying platform to achieve greater agility and more accurate decision making in feedstock selection.


Cheniere and KOSPO sign long-term LNG agreement

Cheniere has entered into a long-term LNG sale and purchase agreement with KOSPO, whereby KOSPO has agreed to purchase approximately 0.4 million tpy of LNG from Cheniere Marketing.