Downstream news

Lummus Technology has announced that it has reached an agreement with Siemens Energy to acquire assets from its water solutions portfolio including intellectual property and copyrights, trade secrets, and research and development properties.

McDermott has been awarded a project management consultancy contract from IOCL for the maleic anhydride unit at the Panipat refinery and petrochemical complex, located 62 miles from New Delhi, India.

Koch Engineered Solutions and Chart Industries agree to collaborate on carbon capture utilisation and storage (CCUS) projects.

Evonik has announced that the MACBETH technology project is taking shape and has received a positive interim evaluation from the EU Commission.

Pavilion Energy has welcomed its first delivery of the Statement of Greenhouse Gas Emissions (SGE) methodology-certified LNG cargo in Singapore.

Royal Vopak has entered into a binding agreement to sell its terminal in Savannah, US, to BWC Terminals, a US-based bulk liquids storage company.

Ng Weng Hoong, Contributing Editor, discusses the ways in which geopolitics are set to rule Asia’s oil markets in 2023.

ONEOK Inc. and Magellan Midstream Partners L.P. have announced that they have executed a definitive merger agreement under which ONEOK will acquire all outstanding units of Magellan in a cash-and-stock transaction.

C. B. Fenton and Kanfer Shipping signed a Memorandum of Understanding (MoU) in December 2022 with the purpose of establishing an LNG bunkering hub and small-scale LNG distribution in Panama.

Lummus Technology has announced Alujain National Industrial Co. has selected its C3 CATOFIN propane dehydrogenation (PDH) technology for its new propylene plant in Yanbu, Saudi Arabia.