Downstream news
Magellan and Enterprise developing joint Houston crude oil futures contract
Affiliates of the two companies have entered into an agreement to jointly develop a futures contract for the physical delivery of crude oil in the Houston area.
Venice LNG gains construction and operation authorisation for LNG store in Porto Marghera
Venice LNG has obtained the authorisation for the construction and operation of the LNG store in Porto Marghera.
Rotork launches cloud-based management system
Rotork has launched a programme of advanced analytics for the management of intelligent flow control assets.
Air Liquide extends partnership with BASF in South Korea
Air Liquide’s first contract with BASF in the Yeosu National Industrial Complex was signed 20 years ago.
Max Midstream and CPA announce port expansion
Max Midstream and the Calhoun Port Authority (CPA) have announced that the expansion of the Calhoun port in Houston, Texas, will begin in 2021 with the recent passage of the 'Water Resources and Development Act' by Congress.
API comments on Biden executive orders
API has issued a statement on the Biden administration’s energy and climate executive orders.
OMV makes petrochemical investments at Burghausen Refinery
The measures aim to increase the site’s ethylene and propylene production capacity.
AFPM statement on Keystone XL Pipeline
The AFPM has released a statement addressing President Biden’s intention to rescind the permit for the Keystone XL pipeline.
API congratulates President Biden
API has issued a statement confirming that it stands ready to work with President Joe Biden and his administration.
Adapting to thrive in a changing downstream energy market
Hari Gopu, Alto Project Services, looks at the major changes occurring in the oil and gas sector, and suggests ways to continue capturing value.