Downstream news
Sempra LNG and Aramco Services Company sign agreement
Sempra LNG and Aramco Services Company have signed an Interim Project Participation Agreement for the Port Arthur LNG project.
Europe dominates LNG import story in 2019
Global LNG production jumped in 2019, triggering oversupply and low prices that are expected to persist in 2020, according to Ed Cox, Editor, Global LNG at ICIS.
SIBUR and BASF formalise partnership
SIBUR and BASF have signed an MoU cementing their partnership on the companies’ sustainable development and circular economy agenda.
BASF completes divestment of ultrafiltration membrane business
BASF has announced that it has completed the divestiture of its ultrafiltration membrane business to DuPont.
Mammoet signs contract with Borealis for New European PDH project
Mammoet has signed as the heavy lift and transport partner for Borealis’s New European PDH project.
US petroleum exports exceeded imports in September
The EIA has announced that in September 2019, US petroleum exports exceeded imports.
Eni announces Nigeria LNG expansion project
Eni and its partners in Nigeria LNG have reached an FID for the plant expansion project, aimed at raising capacity to over 30 million tpy.
AFPM reacts to 2020 RFS volumes
The AFPM has released a statement on the final Renewable Fuel Standard (RFS) volumes announced for 2020.
Woodside and Uniper sign long-term LNG SPA
Woodside has entered into a long-term sales and purchase agreement with Uniper for the supply of LNG over 13 years.
Asia to add 47% of global ethylene capacity growth by 2030
GlobalData has reported that Asia is expected to lead global ethylene capacity additions by 2030.