Downstream news
Eni and SONATRACH sign Memorandum of Understanding
MoU signed by Eni and SONATRACH for the supply and transportation of gas across the Mediterranean Sea.
Kazanorgsintez produces metallocene polyethylene
Kazanorgsintez has successfully added metallocene polyethylene production to its UNIPOL PE reactor line.
IEA releases statement on global oil markets
The International Energy Agency notes that the global oil market is now adequately supplied but high oil prices should be avoided.
Alfa Laval launches new heat exchanger
Alfa Laval has announced the launch of its DuroShell plate-and-shell heat exchanger.
Orbital wins orders from SAMSON AG
Orbital has received orders for its GasPTi-F product from SAMSON AG.
Sinochem Hongrun Petrochemical to use Honeywell alkylation technology
Hongrun will use Honeywell ionic liquids alkylation technology to produce cleaner-burning fuels.
WorleyParsons awarded QTerminals contract
WorleyParsons has been awarded a Design and Supervision Consultancy contract by QTerminals in Qatar.
LNG CAPEX to total more than US$200 billion 2019 – 2025
Research carried out by Wood Mackenzie has found that LNG will see a US$200 billion CAPEX boost as the sector acts to curb cost inflation.
INEOS Melamines & Paraform sold to Prefere Resins Holdng GmbH
Prefere Resins will acquire INEOS Melamines & Paraform in a transaction which is expected to complete in 2Q19.
ExxonMobil to increase ultra-low sulfur diesel production at Fawley Refinery
Final Investment Decision made by ExxonMobil for the expansion of ultra-low sulfur diesel capacity at Fawley Refinery by close to 45%.