Downstream contract news
EIA: February 2021 triggered largest monthly decline in US natural gas production
According to the EIA, the record-breaking cold snap which hit the US in February 2021 caused the largest monthly declines on record for natural gas production and industrial sector consumption, while residential sector consumption reached a record high.
Japanese manufacturers cooperate on development of hydrogen-fuelled marine engines
A consortium of Japanese engine manufacturers has joined together to develop hydrogen-fuelled marine engines for ocean-going and coastal vessels towards establishing a world-leading position in hydrogen engine technologies.
PIONEERS consortium coordinated by Port of Antwerp to reduce GHG in ports
The PIONEERS consortium representing leading ports, terminal and transport operators, forwarders, knowledge institutes, technology developers, innovators and public entities will showcase concrete solutions reducing GHG emissions in ports.
Maire Tecnimont Group and AVEVA partner up for digital transformation
Maire Tecnimont Group has signed an MOU with AVEVA to create new digital predictive and prescriptive maintenance services that drive enhanced business outcomes.
South Korean Daesan complex to develop polymer capacity
A new polypropylene line has been commissioned at the Daesan integrated refining and petrochemical complex in South Korea, adding a further 60% to its production capacity.
Rystad Energy: Global LNG market faces supply deficit and higher prices
According to Rystad Energy, the global LNG market is to face a supply deficit and higher prices from the decade-long impact of Mozambique delays.
Safety awards for McDermott's CB&I Storage Solutions
McDermott's CB&I Storage Solutions have been recognised with multiple Steel Tank Institute/Steel Plate Fabricators Association (STI/SPFA) safety awards.
Nacero selects Topsoe technology for natural gas-to-gasoline facility in Texas
Nacero has selected Topsoe’s TIGAS™ technology for its multi-billion US$ natural gas-to-gasoline facility in Penwell, Texas, to reduce the lifecycle carbon footprint of gasoline production.
Chevron and Hokkaido Gas sign LNG agreement
Chevron and Hokkaido Gas Co. Ltd have signed a new agreement for the delivery of LNG from Chevron’s global LNG portfolio to the Hokkaido area, Japan.
Maire Tecnimont strengthens footprint in Nigeria
A subsidiary of Maire Tecnimont S.p.A. has been awarded a contract to carry out rehabilitation works for the Port Harcourt Refinery Co. Ltd, located in Port Harcourt, Rivers State, Nigeria.