Downstream news

Vopak Terminals Australia has secured endorsement from the New South Wales (NSW) government for its proposed aviation fuel infrastructure expansion project in Port Botany, Australia.

As the impacts of the Strait of Hormuz crisis continue to strain energy markets – particularly global diesel markets – the IEA are working closely with governments around the world to assess the impacts on energy markets and coordinate responses to supply disruptions.

In this special report, Eric Reinbolt, Joe Jackson, and Phillip Lange, RedGuard, USA, explain how blast resistant modules have evolved from basic safety structures into multi-functional facilities that protect workers from industrial explosions and enhance operational productivity.

Asiko Energy Holdings Ltd has marked the completion of the first phase of its tri-fuel terminal in Ijora, Lagos, Nigeria.

Venture Global, Inc. and ConocoPhillips have announced a new, long-term sales and purchase agreement for 1 million tpy of LNG.

KBC (A Yokogawa Company) has announced the launch of Petro-SIM® 7.7, an advanced process simulation, optimisation, and digital twin platform for engineers and safety specialists working across the refining, petrochemical, chemical, and process industries.

The US Energy Information Administration (EIA) has released its latest Short-Term Energy Outlook (STEO).

JERA Co., Inc. has established JERA OIL STORAGE Co., Inc. as a dedicated operating company to manage the operation of national petroleum stockpiling bases currently operated by JERA under a joint contracting arrangement with JOGMEC.

Baker Hughes has announced the signing of two strategic agreements to accelerate the revitalisation of Venezuela’s energy infrastructure across the natural gas value chain and expansion of the country’s energy production.

Wood Mackenzie has reported that Johan Sverdrup Crude hits record US$24/bbl premium to Brent as Saudi pipeline suspension tightens European medium-sour supply.