Downstream news
Russian crude exports soar in April
Due to lower domestic crude demand, Russia will export 5.7 million bpd in April.
US$3 million award to SoCalGas for new RNG technology
The California Energy Commission has awarded US$3 million to SoCalGas to advance technology that could create twice as much RNG as anaerobic digestion processes.
Williams sells its 50% interest in Jackalope Gas Gathering Services
Williams has sold its 50% interest in Jackalope Gas Gathering Services to an affiliate of Crestwood for US$484.6 million.
Dow and PETRONAS collaborate to cut carbon emissions
Dow will work with PETRONAS Chemicals Group as its first carbon savings contributor to the Dow-International Olympic Committee Official Carbon Partnership.
Siemens to supply reciprocating compressors for steam methane reformer
Siemens will supply three reciprocating compressors for what will become the largest hydrogen production unit in the US.
Aramco signs supply arrangement with PKN Orlen
The agreement stipulates that Aramco will supply Arabian crude oil to the Polish oil refiner, PKN Orlen, in exchange for high sulfur fuel oil.
StocExpo celebrates 15 year anniversary
With a 10% rise in visitors, StocExpo celebrates another successful year.
Asia to contribute 49% of global petrochemical capacity additions by 2030
New report from GlobalData forecasts that Asia will be a major contributor to growth in the global petrochemical industry by 2030.
Biofuel tank storage partnership signed
HES Botlek Tank Terminal and SJR Group have entered a partnership for the construction of six biofuel storage tanks.
Successful start up for new Clariant catalyst at Petrowidada plant
Clariant’s new catalyst, for selective oxidation of ortho-xylene to phthalic anhydride, has been successfully started up in the Petrowidada in Indonesia.