Downstream news
Akselos secures digital twin funding
Akselos has secured funding from the Oil and Gas Technology Centre to advance R&D into digital twin technology for the oil and gas industry.
LNG import terminals needed in Sydney-Melbourne to counter critical gas shortage
Based on new modelling by EnergyQuest, gas production in the southern states will start to shortfall demand by 2022.
Learning from the music industry
KBC (A Yokogawa Company) outlines what the energy and chemical industry should learn from the music industry.
World Fuel Services extends bunker capacity
World Fuel Services has increased its bunker capacity in port of Gibraltar with the addition of two barges.
INEOS announces investment plans
INEOS has announced plans to invest £1 billion in the UK in multiple projects.
Golar LNG to supply FLNG unit
Gimi MS Corp. has entered into a 20-year agreement with BP for the charter of a FLNG unit to service the Greater Tortue Ahmeyim project.
Gas demand volatility linked to renewables
Cornwall Insight analysis finds that while the weather remains mild and LNG flows and storage levels hold up, it is not surprising that gas prices have fallen year on year.
Sphera has released the annual Operational Excellence Index (OEI) survey report
Sphera’s survey reveals digital transformation is fueling operational excellence (OE), but many companies are still trying to figure out what digital means for them.
Quadrise has entered into a services agreement with Aleph
Quadrise has entered into a Services Agreement (SA) with Aleph Commodities Ltd to pursue opportunities on behalf of Quadrise for the use of MSAR® in Kuwait.
SABIC contracts Fluor Corp.
Fluor has been awarded an engineering, procurement and construction management services contract by SABIC for the recommissioning of its PPE resin plant.