Downstream news

In its January Short-Term Energy Outlook, the EIA forecasts that OPEC petroleum production will increase by nearly 2.7 million bpd in 2022 – the largest y/y increase in OPEC production since 2004.

In October 2021, Tongsuh Petrochemical Corp. Ltd acquired ISCC PLUS certification for its acrylonitrile (AN) as a sustainable product.

VARO Energy Group and GPS Group have announced the successful completion of a new railway line and ethanol storage tanks at the Port of Amsterdam.

Texas LNG Brownsville LLC and Enbridge Inc. have executed a pipeline transportation precedent agreement for the expansion of the Valley Crossing Pipeline.

After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil and coal) increased by 2% in 2021 to 77.14 quadrillion Btu.

Three additional companies have announced their support for exploring the implementation of large-scale carbon capture and storage (CCS) technology in and around the Houston industrial area.

Twin Brothers Marine has signed a teaming agreement with integrated solutions provider, Quality Companies.

Aadam F. Aryan, Distillation Equipment Company Ltd, outlines some features to increase tray efficiency in order to improve distillation column performance.

Wood Mackenzie, a Verisk business, has released its ‘Global gas and LNG – 6 things to watch for in 2022’ report.

Re-Gen Robotics has completed a £1 million headquarters in Newry, Northern Ireland.