Downstream news
Petrobras contracts SUEZ
Petrobras and SUEZ – Water Technologies & Solutions have signed a membrane supply contract for 15 FPSO platforms.
Shell sells minority shareholding in PCK Schwedt JV refinery to Alcmene
Shell Deutschland (Shell) has reached an agreement with Alcmene GmbH (part of the Liwathon Group) for the sale of its non-operated 37.5% shareholding in the Germany PCK Schwedt refinery.
EIA: Refinery closures decreased US refinery capacity during 2020
According to EIA, as a result of several US refinery closures in 2020, US operable atmospheric crude oil distillation capacity dropped 4.5% to a total of 18.1 million bpd at the start of 2021.
Ust-Luga CPECG to triple Russia's share in the global oil and gas chemicals market
The complex for processing ethane-containing gas (CPECG), under construction in the Leningrad Region, will drive an increase in Russia's share in the world oil and gas chemicals market from 2.5% to 6 – 7%.
Start-up of Ecoslops unit for the production of recycled fuel
The Ecoslops petroleum residues recycling (P2R) unit has started-up at the TotalEnergies La Mède platform in Bouches-du-Rhône, France.
Red Sea Co. awards services contract for refining and petrochemicals complex
Red Sea National Refining and Petrochemicals Co. (Red Sea Co.) has awarded Worley a services contract for a greenfield integrated refinery and petrochemicals complex in Egypt.
Sinopec launches China's first megaton scale carbon capture project
China Petroleum & Chemical Corp. (Sinopec) has initiated China's first megaton carbon capture, utilisation and storage (CCUS) project, the Sinopec Qilu-Shengli oilfield CCUS.
SIAD Macchine Impianti teams up with Gas and Heat
SIAD Macchine Impianti has supplied two boil-off gas compressors to the first coastal storage facility built in the Mediterranean.
Oiltanking signs LOI with ReGen III for re-refinery facility in Texas, US
Oiltanking North America LLC (Oiltanking) has entered into a non-binding Letter of Intent (LOI) with ReGen III Corp. (ReGen III) to develop and operate logistics for ReGen’s used motor oil re-refinery production facility (the ‘re-refinery’) in Texas, US.
GlobalData: Africa leads global refinery VDU capacity additions by 2025
According to GlobalData, Africa is expected to register the highest refinery vacuum distillation units (VDU) capacity additions globally during 2021 to 2025, contributing around 33% of the total capacity additions by 2025.