Downstream news

Technip Energies awarded a proprietary equipment contract by Chevron Phillips Chemical and QatarEnergy for the Golden Triangle Polymers ethane cracker.

LyondellBasell has announced that it will increase its 2030 greenhouse gas emissions reduction target for scope 1 and scope 2 emissions from 30% to 42%, relative to a 2020 baseline.

CITGO Petroleum Corp. has joined the US Environmental Protection Agency's ENERGY STAR programme as an ENERGY STAR Partner.

Lummus Technology has announced that its licensed crude-to-chemicals technology will move forward in its first commercial deployment through S-Oil's Shaheen Project in South Korea.

The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia.

Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel, jet fuel, and naphtha, reached multiyear highs this summer, reports the EIA.

Reduction in gas demand and increased LNG imports supports a positive outlook for 2023?, reports Wood Mackenzie.

API and the State Enterprise Ukrainian Scientific Center for Standardization, Certification and Quality Problems have signed an MoU on natural gas and oil standards.

These works are part of the Refinery Development Master Plans (RDMP) launched by PT Pertamina to revitalise the Cilacap, Balongan, Dumai, and Balikpapan refineries to improve their production capacity and competitiveness.

In its November ‘Short-Term Energy Outlook’ (STEO), the US Energy Information Administration’s (EIA) forecasts that it will increase by 2.4% in 2022.