Downstream news

V-Bunkers, Vitol’s Singapore bunker operations company, has announced that its barges have recently made several deliveries of bio-fuel blended very low sulfur fuel oil (VLSFO).

EXMAR has reached an agreement for a 5-year charter for the employment of its FSRU S188 with GASUNIE LNG Holdings BV.

The American Petroleum Institute (API) has released a statement regarding the US Department of Energy’s decision to approve two new LNG export permits.

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 has carried out its first marine bio-VLSFO bunker delivery in Singapore’s port waters.

Asahi Kasei has formed a strategic partnership with Genomatica regarding HMD based on biomass-derived raw materials.

This year, Servomex is celebrating 70 years of providing precise and reliable solutions and products to its customers.

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 have signed a cooperation agreement to develop joint initiatives on the agro-industrial chain, for biorefining use.

Phillips 66 has announced the completion of the previously announced merger between Phillips 66 Partners (PSXP) and Phillips 66.