Downstream news

Yokogawa has announced it will release a collaborative information server upgrade, a product in the OpreX control and safety system family.

Commonwealth LNG has announced that it has closed an investment of development capital from private funds managed by Kimmeridge Energy Management Company, LLC, an alternative asset management firm focused on the energy sector.

The EIA reports that energy trade between the US and Canada totalled US$190 billion when adjusted for inflation, compared with US$134 billion in 2021.

The production of renewable diesel has restarted at the expanded part of Neste’s Singapore refinery after operational shutdown.

Sarens has replaced the heat exchanger at Hengyuan Refinery's oil plant in Port Dickson, Malaysia, as part of maintenance works.

Aspen Technology has introduced an industry domain training programme for companies in asset-intensive industries who are onboarding recently-graduated engineers.

The US Energy Information Administration (EIA) expects LNG import capacity to increase in 2023–24 and reports that several countries are in advanced stages of developing LNG import capacity.

Cummins and Chevron have announced a Memorandum of Understanding (MoU) to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains.

Wood is working with National Gas to ensure the UK's gas transmission system is secure and sustainable.

Greater Commercial Lending, a credit organisation that provides government-guaranteed loans to businesses in under-served and rural communities, has completed its second US$25 million loan for the Aemetis Biogas Central Dairy Digester Project.