Downstream contract news

Baker Hughes, an energy technology company, has announced an investment in Electrochaea, a growth stage company developing novel proprietary bio-methanation technology.

Burckhardt Compression has passed 1 million operating hours with Laby-GI compressors for MAN ME-GI Engines.

According to EIA, two petroleum liquids pipeline projects have been completed so far in 2021, and 17 more projects have been announced or are currently under construction.

Petersburg Oil Terminal received permission from the Russian State Construction Supervision and Expertise Service to commission a new 40 000 m3 tank.

The technology group Wärtsilä has received two more orders for its complete LNG cargo handling and fuel system.

According to Rystad Energy, supplying Asia with LNG became much costlier for the US, but strong demand is bringing export records.

PBF Chalmette Refinery has announced that it is studying the possible conversion of an idled refinery unit into a renewable diesel production complex.

UPM-Kymmene has selected Siemens Energy to supply electrification, automation, and digitalisation (EAD) packages for a biorefinery currently under construction in Leuna, Germany.

H-Energy has signed a memorandum of understanding (MOU) with Petrobangla for supply of re-gasified LNG to Bangladesh.

A major turnaround at Neste’s Porvoo refinery in Finland is now successfully completed and production has started at the refinery.