Downstream news

Kentech Corporate Holdings Ltd has entered into a definitive agreement to acquire the oil and gas business of SNC-Lavalin Group Inc.

The decision was made following an extensive review of operations at Australia’s smallest refinery, which commenced operation in 1949.

The EIA reports that Northeast US distillate inventories have declined but remain above normal.

The upgrade is part of an expansion of the facility to incorporate propylene and polypropylene production and increase the supply of petrochemical products to domestic and international customers.

Chart Industries and Ballard Power execute onboard hydrogen solutions joint development agreement.

The STRATCO alkylation unit will enable ORLEN to generate low-sulfur, high-octane, low-Rvp alkylate with zero olefins that meets the criteria of the EURO VI standard.

Enbridge Gas is holding a binding open season for peak storage services at the Dawn Hub storage facility starting as early as 01 April 2021.

JERA Co. Inc. has concluded a Memorandum of Understanding with Petronas concerning cooperation in the decarbonisation sector.

Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group has acquired the intellectual property to manufacture and assemble electric-mechanical actuators.

The EIA reports that heating and petrochemical demand in Asia have contributed to more US propane exports.