Downstream news
Crude oil sold from US SPR
The EIA reports that as much as 15 million bbl of crude oil has been sold from the US Strategic Petroleum Reserve (SPR).
ExxonMobil to sell Billings refinery
ExxonMobil and its affiliates have reached an agreement with Par Pacific Holdings for the sale of the Billings refinery and select midstream assets.
DNV partners with energy companies in three energy transition safety JIPs
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.
US natural gas production and exports set new records
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 announces final EPC contract with Bechtel for Port Arthur LNG
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 gas/electric hybrid drive system for an LNG plant
Siemens Energy to supply world’s first emissions-reducing gas/electric hybrid drive system for an LNG plant.
AFPM and API respond to White House announcement
The President and CEOs of both the AFPM and API have issued statements following the latest White House announcements and remarks on gasoline prices.
Koch Engineered Solutions announces strategic partnership with ION Clean Energy
Koch Engineered Solutions has entered into a definitive strategic partnership agreement with ION Clean Energy, a developer of effective and economic carbon dioxide capture technology.
BP to acquire Archaea Energy Inc.
BP has agreed to acquire Archaea Energy Inc., a leading producer of renewable natural gas (RNG) in the US.
Wärtsilä to support biogas plant in Sweden
Wärtsilä has received an order to supply a biogas upgrading and liquefaction solution for a new biogas plant in Sweden.