Downstream news
DOE issues two LNG export authorisations
The US Department of Energy has issued two long-term orders authorising LNG exports from Cheniere Energy Inc.’s Sabine Pass in Louisiana and Corpus Christi in Texas.
TotalEnergies Marine Fuels completes marine bio-VLSFO bunker delivery
TotalEnergies Marine Fuels has carried out its first marine bio-VLSFO bunker delivery in Singapore’s port waters.
Asahi Kasei inks partnership with Genomatica
Asahi Kasei has formed a strategic partnership with Genomatica regarding HMD based on biomass-derived raw materials.
Servomex celebrates 70 years
This year, Servomex is celebrating 70 years of providing precise and reliable solutions and products to its customers.
Increased demand and low inventories drive US distillate prices higher
Rising crude oil prices, low refinery production, and increased consumption of distillate fuel have contributed to the highest nominal (not adjusted for inflation) distillate prices since 2014, reports the EIA.
Eni and the Republic of Benin ink agreement
Eni and the Republic of Benin have signed a cooperation agreement to develop joint initiatives on the agro-industrial chain, for biorefining use.
Phillips 66 completes Phillips 66 Partners acquisition
Phillips 66 has announced the completion of the previously announced merger between Phillips 66 Partners (PSXP) and Phillips 66.
Advanced Petrochemical announces loan agreement
Advanced Polyolefins Industry Co. has signed a loan agreement with the Saudi Industrial Development Fund (SIDF).
Worley announces withdrawal from Russia
In a short statement, Worley confirmed that it has started the safe withdrawal of its services provided in and into Russia.
AFPM: the role of US refiners in the global market
In a recent blog post, the AFPM explained why participating in the global energy market is critical for the US.