Downstream news
November US natural gas prices increased beyond previous market expectations
On 23 November, the natural gas spot price at the Henry Hub in Louisiana, US, was US$4.70/million Btu, the highest price since a temporary spike in January 2018.
Thousands of Rotork electric actuators installed at Chinese oil refinery
More than 2500 Rotork IQ3 electric actuators have been installed at a Chinese oil refinery and petrochemical complex.
South Korea-based EPIK signs agreement to develop gas import terminal in Australia
The company will work with the Port of Newcastle to develop the FSRU terminal.
EPA finalises Renewable Fuel Standard for 2019, reflecting cellulosic biofuel shortfalls
The US Environmental Protection Agency (EPA) issued a final rule for the 2019 Renewable Fuel Standard (RFS) programme.
SABIC signs MoU with PLASTIC ENERGY for recycled feedstock
The companies will build a plant to refine and upgrade a feedstock made from low quality, mixed plastic waste.
ABS and KOMERI advance LNG as fuel safety
ABS and KOMERI have signed an MoU to improve the safety of LNG as a fuel.
Saudi Aramco announces energy megaproject, SPARK
The King Salman Energy Park will target exploration, production, refining, petrochemicals, conventional power and water production and treatment.
Novatek selects Topsoe technology
Novatek Group has selected Haldor Topsoe’s hydrogen technology for its first refinery.
ClearSign to work with World Oil Refining on LA low-emissions demonstration project
The project will showcase Duplex technology in refinery process heaters and other types of fired equipment.
Tokyo Gas and First Gen sign LNG receiving terminal agreement in Philippines
The companies will jointly develop, construct and operate the terminal.