Downstream news
API: US petroleum demand sustains highest level in 11 years
API has reported that the first four months of 2018 saw US petroleum demand average 750 000 bpd above the same period in 2017, despite higher prices.
EIA: US remains top producer
The EIA reports that the US remains the world’s top producer of petroleum and natural gas hydrocarbons.
Novvi and Chevron ink agreement
Novvi and Chevron enter agreement to develop new renewable base oil technologies.
Eddyfi launches new solution
Eddyfi Technologies has launched the first standard pulsed eddy current array solution.
NETZSCH Canada to showcase NOTOS® Multiple Screw Pumps at the Global Petroleum Show
The pumps will be featured in the NETZSCH booth, number 1394, highlighting the capability to pump everything from light fuel oil to viscous asphalt.
Ratnagiri mega refinery project meeting heavy opposition
Reuters is reporting the proposed US$44 billion Ratnagiri refinery on India’s west coast is running into substantial opposition from local farmers who are refusing to surrender their land.
Hamina LNG terminal receives building permits
The terminal, which is to be built at the Finnish port of Hamina by the technology group Wärtsilä will include a a 30 000 m3 LNG storage tank.
Ophir CEO to step down
Alan Booth, currently a non-executive director of the company, has been appointed as Interim CEO and Executive Director, until a new CEO is appointed.
Revamp gives compressor new lease of life
The very first Laby®-GI Compressor of Burckhardt Compression was used as a minimum send-out compressor.
Sulzer launches MIXPAC MixCoat Flex
MixCoat Flex can be used for coating applications in areas with limited accessibility for standard spray equipment, like tanks and bilges in marine applications, as well as stripe coating with a low pressure spray and for a variety of water/wastewater manhole applications.