Downstream news
Matrix awarded ExxonMobil tank construction projects
Matrix Service has been selected by ExxonMobil for the construction of six storage tanks.
Energy anxiety
Ng Weng Hoong, Contributing Editor, looks at Asia’s energy insecurity as the region’s strong oil demand outlook is matched by continuing supply fears.
Delta sets ambitious climate goal
Delta Air Lines is committing US$1 billion over the next 10 years on its journey to mitigate all emissions from its global business going forward.
Daya Singa Sdn Bhd inks distribution deal with Dropsafe
Dropsafe believes that the agreement will ensure the oil and gas, energy, and maritime industries in Malaysia can easily access high quality drops prevention solutions.
Fluor awarded adiponitrile plant contract
Fluor has announced that it will carry out engineering, procurement, and construction for a 400 000 tpy adiponitrile plant in China.
Versalis announces new chemical recycling project
Eni’s Versalis has announced the launch of a new chemical recycling project which aims to turn mixed plastic waste into new polymers.
ExxonMobil confirms senior appointments
Exxon Mobil Corp.’s board of directors has elected Stephen Littleton as Vice President of Investor Relations and Corporate Secretary.
Asia to contribute 40% of new-build refining capacity growth
GlobalData has reported that Asia is expected to contribute 40% of new-build refinery capacity growth by 2024.
Adler and Allan wins VINCI APPA award for innovation
Adler and Allan has announced that it has won the VINCI APPA award for innovation for introducing a new interceptor lining process to the Shell Group.
US natural gas prices fall to lowest level since 2016
The EIA has reported that natural gas prices have fallen to their lowest level since 2016 and the lowest February prices in 20 years.