Downstream news

The API has joined organisations representing ethanol producers, oil refiners, fuel marketers, travel plazas, truck stops, and convenience store retailers to express the need for long-term policy certainty across the fuel sector.

Idemitsu Kosan Co. Ltd has partnered with Kanematsu Corp. to become the first Japanese oil refiner to begin supplying bio-blended fuel, a blend of heavy oil and FAME, to ocean-going vessels.

ITT Inc., a provider of highly engineered critical components, has announced it has entered into a definitive agreement with Lone Star Funds to acquire SPX FLOW, a provider of highly engineered equipment and process technologies.

DataPARC has announced a strategic partnership with Hitachi Systems to integrate dataPARC’s industrial data platform into Hitachi’s suite of digital manufacturing solutions.

Reganosa Servicios has been chosen by Squadron Energy to operate and maintain the onshore part of the Port Kembla Energy Terminal, New South Wales, Australia.

In the December issue of Hydrocarbon Engineering, Yoshito Sato, Yokogawa, details the collaboration between Shell and Yokogawa in machine vision and robotics.

US retail prices have fallen below US$3/gal., the lowest price since 2021, the US Energy Information Administration has reported.

AFPM President and CEO Chet Thompson has issued a statement on the Trump administration’s proposed revised 2027 - 2031 Corporate Average Fuel Economy (CAFE) Standards.

LBC Vlissingen has been awarded a €6.6 million subsidy to further develop its terminal in Zeeland, the Netherlands.

Eni has entered a long-term LNG sale agreement with BOTAS to supply 0.4 million tpy of LNG.