Downstream news
Exmar receives cash collateral
Exmar has announced that the Bank of China has released US$40 million from the debt service reserve account, under the loan facility for Tango FLNG.
L.A. Turbine commissions turboexpander
L.A. Turbine has commissioned its second ARES Active Magnetic Bearing (AMB) Turboexpander-Compressor within a cryogenic natural gas processing plant in Texas, US.
Nigeria leads in African new-build refining capacity growth
GlobalData has reported that African new-build refining capacity growth is to be led by Nigeria by 2024.
Aramco Trading opens London office
Aramco Trading Company has broadened its European presence with the establishment of a London office.
Chart, ExxonMobil and Indian Oil sign letter of cooperation
Chart Industries Inc. has signed a letter of cooperation with ExxonMobil India LNG Ltd and Indian Oil Corp. focused on pioneering virtual pipelines to accelerate gas access in India.
PKN ORLEN licenses Honeywell technology for phenol production
Honeywell has announced that its technology has been selected by PKN ORLEN for a new phenol complex in Poland.
ADNOC announces expansion of carbon capture programme
Speaking at the ICCUS conference, the CEO of ADNOC has announced the expansion of its carbon capture utilisation and storage aims.
US crude oil imports remain strong to support refineries
The EIA has reported that US crude oil production has increased but imports remain strong in order to support refinery operations.
ENOC Group and Idemitsu sign supply and distribution agreement
ENOC Group has announced that it has signed an agreement with Idemitsu for the supply and distribution of lubricants.
Polskie LNG plans expansion of LNG regasification facility
Polskie LNG has announced that it has signed a contract for the extension of an existing LNG regasification facility in Poland.