Downstream news
Asia drives LNG import growth
GIIGNL’s latest report suggests that strong demand in Asia has driven LNG import growth for a third consecutive year.
Mitsubishi Heavy Industries holds welcoming ceremony for new employees
MHI’s new President and CEO Seiji Izumisawa spoke at length about the firm’s ethos, and its business aspirations for the future.
Total acquires interest in Ecoslops Provence
Ecoslops Provence is building a unit to regenerate oil residues at Total’s La Mède complex.
Energía Costa Azul LNG receives US non-FTA approval for liquefaction-export infrastructure project in Mexico
The Sempra Energy subsidiary will be able to export US natural gas to Mexico before exporting the processed LNG to non-FTA countries.
Singapore LNG Corp. appoints CEO
Singapore LNG Corp. has appointed Tan Soo Koong as its new Chief Executive Officer, effective 2 April 2019.
Hannover Messe opens
Hannover Messe is formally opened by German Chancellor Angela Merkel in partnership with Stefan Löfven, Prime Minister of Sweden.
Eni signs agreement to promote Italian advanced biomethane
The agreement was signed with the Italian Biogas Consortium to encourage the principles of the circular economy in energy production.
Surplus global LPG stocks to continue through 2019
ESAI Energy analysis has found that the global market will be unable to absorb excess US LPG.
Big oil to boost petrochemicals footprint
A new report from ICIS suggests that ‘big oil’ in the Middle East will boost the global petrochemicals footprint.
Saudi Aramco acquires 70% majority stake in SABIC
Advancing its integrated refining and petrochemicals business, Aramco gains access to SABIC’s 62 million tpy petrochemicals capacity.