Downstream news
Linde starts up new air separation unit in Texas
Linde has started up a new air separation unit to supply oxygen and nitrogen to MEGlobal’s petrochemical plant.
December 2019 saw oil and gas industry deals worth US$37.6 billion
GlobalData has reported on the value of oil and gas industry deals in December 2019, which saw a total value of US$37.6 billion.
McDermott awarded crude storage tank contract
McDermott has announced that it has been awarded an EPFC contract for six crude oil storage tanks in Texas.
Svante commissioned for pre-FEED carbon capture study by Chevron
Svante has announced that Chevron Technology Ventures has commissioned it for a pre-FEED study to explore carbon capture technology.
JTC recommends extending production adjustments to end 2020
In light of the coronavirus epidemic, the Minister of Energy of Algeria and President of the OPEC Conference in 2020 has recommended extending voluntary production adjustments.
Hengli Petrochemical cuts refinery operations
Reuters reports that Hengli Petrochemical has cut its refinery operations to 90% in light of falling demand.
Rio Grande LNG receives non-FTA export authorisation
NextDecade has announced that the Rio Grande LNG project has received non-FTA export authorisation from the US DOE.
Seeq Corp. secures funding
Saudi Aramco Energy Ventures (SAEV), the corporate venture subsidiary of Saudi Aramco, leads the latest expansion round of funding.
INEOS named principal partner of Mercedes-AMG Petronas
INEOS has been named as the new principal sponsor of Formula One team Mercedes-AMG Petronas.
MAN Energy Solution launches open initiative for digital data integration and collaboration
The new digital platform mýa provides asset owners with a single, secure interface to data from multiple equipment manufacturers.