Downstream news

US gasoline and diesel crack spreads diverged sharply in March and April as a result of the mitigation efforts aimed at slowing the spread of COVID-19, but they have moved closer since May.

The JV will provide an optimised approach to pipeline transportation service for NGLs primarily through the utilisation of existing infrastructure with limited initial construction.

The expansion of the Karr 6-18 Sour Natural Gas Processing Plant included sour gas sweetening, refrigeration, oil treatment, storage, water handling, and utilities.

API has issued a statement in support of a proposal from Army Corps to reissue key infrastructure permits.

Once construction is finalised, the facility will increase the company’s total geometric oil storage capacity to approximately 1 million m3 or 6.3 million bbl.

The company has also warned that floating oil storage demand had eased sooner than it expected.

Total Safety has received 22 safety achievement awards from the AFPM.

API has issued a statement in support of new legislation to cut red tape and create infrastructure jobs.

The manifesto is intended to help asset owners and operators in the energy and chemicals industry drive top line revenue growth, at significantly less cost.

Nikkiso Cryogenic Industries Group announced the establishment of a new office in Russia to support LNG and petrochemical customers.