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Downstream contract news

 
 
 
 

Algae oil market to reach US$2 billion

According to a new report from Research and Markets, the algae oil market will be worth US$2 billion by 2025 due to the rising use of algae oil in biofuel applications.

 
 

SkyX announce autonomous drones

New aerospace group SkyX has announced its plans to bring fully autonomous drones to the oil and gas industry.

 
 

Oiltanking acquires land

Oiltanking North America LLC has announced the acquisition of approximately 89 hectares (220 acres) of waterfront and industrial land in Texas City.