Downstream news

Fears about an oversupplied LNG market are beginning to ease, according to Wood Mackenzie.

The US Energy Information Administration reports that distillate fuel continued to be the most exported US petroleum product in 2017.

SOGAT 2018 focused on enhancing cost-effective sour hydrocarbon treatment technologies.

Net proceeds from the share placement shall be used in support of ongoing LNG offtake marketing efforts, focused on Magnolia LNG, and for general corporate purposes.

ASTM International has received accreditation from A2LA for nine of its proficiency testing programmes.

The Colorado Petroleum Council recently held an event to encourage young workers to pursue a career in oil and gas.

Saudi Aramco has signed 16 contracts to operate and maintain facilities in its community over the next 10 years.

Magellan Midstream has launched a supplemental open season for possible further expansion of its Texas refined petroleum products pipeline system.

BASF has named Chemroy as a specialty chemicals distribution partner in Canada.

McDermott International has participated in a ceremony on a previously announced ethane cracker project in Port Arthur, Texas, US.