Downstream news

The quantity of LNG to be supplied is approximately 0.84 million tpy.

IHS Markit currently estimates more than 5.2 million bpd of Gulf Coast refining capacity and 730 000 bpd in PADD 2 has been impacted by the winter weather.

Worley will provide early phase engineering services to Chevron’s global downstream projects over a five-year period.

The acquisition, expected to close in 2Q21, deepens Baker Hughes’ industrial asset performance management capabilities.

The US Energy Information Administration expects the US – a net exporter of petroleum in 2020 – to return to being a net petroleum importer on an annual basis in both 2021 and 2022.

Under the initiative, API member companies will commit to applying safety standards, implementing workforce training programmes and participating in performance-improving efforts.

Axens has been selected by NRL to license a naphtha hydrotreating unit, a continuous catalytic reforming unit, a C5-C6 isomerisation unit, and a FCC gasoline selective desulfurisation unit.

Chart Industries has announced the acquisition of Cryogenic Gas Technologies, Inc. for US$55 million in cash.

The plant in Saudi Arabia uses the Shell OMEGA process, which is based on the catalytic conversion of both ethylene to ethylene oxide and ethylene oxide to ethylene glycol.

Unusually harsh weather for the US southern states has knocked out more than 3 million bpd of refining capacity in the US Gulf, according to Reuters calculations.