Downstream news

Colonial Terminals Inc. has acquired two liquid terminals owned and operated by International-Matex Tank Terminals (IMTT).

OMV and Wood have signed a Memorandum of Understanding (MoU) to enter into a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil technology.

Topsoe has been selected to support Federated Co-operatives Ltd in establishing renewable diesel production in Saskatchewan, Canada.

A proposed US refined product export ban would save US consumers at the gasoline pump but pose significant challenges and costs to US and global refining systems, reports Wood Mackenzie.

The EIA reports that as much as 15 million bbl of crude oil has been sold from the US Strategic Petroleum Reserve (SPR).

ExxonMobil and its affiliates have reached an agreement with Par Pacific Holdings for the sale of the Billings refinery and select midstream assets.

DNV is leading three parallel joint industry projects (JIPs) to develop the existing KFX software, which simulates gas dispersion, fire and explosions, to increase safety in the deployment of energy transition solutions.

In 2021, both US natural gas marketed production and natural gas exports established new records, according to the US Energy Information Administration (EIA).

Sempra Infrastructure has announced that Port Arthur LNG and Bechtel Energy have amended and restated the fixed-price EPC contract for the proposed Phase 1 liquefaction project.

Siemens Energy to supply world’s first emissions-reducing gas/electric hybrid drive system for an LNG plant.