Downstream news
Arkema Group to acquire ArrMaz
ArrMaz has entered into a definitive agreement to be acquired by Arkema Group for approximately US$570 million.
New digitised inspection service announced by Arup and EnerMech
EnerMech and Arup’s new service, AIM, aims to digitise the entire workflow of an inspection, reducing risk and costs.
EIA revises Brent crude price forecast
The EIA has revised its price forecast for Brent crude oil upward, reflecting price increases in recent months, more recent data, and changing expectations of global oil markets.
Gastech launches conference programme
The 2019 conference programme includes an exclusive forum to identify growth solutions in markets that have recently pivoted to natural gas.
LNG production starts up at Cameron LNG
Cameron LNG has begun producing LNG from the first liquefaction train at its export project in Hackberry, Louisiana, US.
Haldor Topsoe launches hydrogen service
Haldor Topsoe launches a connected service for more reliability in hydrogen plants.
IEA reports growth in security and sustainability concerns
The IEA reports that global energy investment stabilised above US$1.8 trillion in 2018, but security and sustainability concerns are growing.
Buckeye Partners acquired by IFM Investors
In a transaction valued at US$10.3 billion, Buckeye Partners have agreed to be acquired by IFM Investors.
China raises US LNG import tariffs to 25%
Wood Mackenzie assesses the impact of the on-going trade war between the US and China.
Indian propylene technology contract awarded to McDermott
McDermott has been awarded a technology contract by Chennai Petroleum Corp. for an Indian propylene plant.