Downstream news
Johnson Matthey team scoops the Oil and Gas Award at IChemE Awards 2018
Competing with four other finalists for the Oil and Gas Award, Johnson Matthey’s ‘CATACEL SSR: Structured Steam Reforming Catalyst’ project scooped first place on a night where the company was also finalists in three other categories.
ADNOC integrated gas strategy approved by Abu Dhabi Supreme Petroleum Council
Business plan to increase oil production capacity to 4 million bpd at the end of 2020.
Vitol and IFM to acquire 50% of VTTI
Partnership will acquire Buckeye Partners’ equity interest in the energy storage provider.
Duqm Refinery receives multi-source project financing
The US$4.61 billion sourced for the project represents the largest project financing in the Sultanate of Oman.
BASF researchers receive R&D award for catalyst
BASF inventors recognised with 2018 Thomas Alva Edison Patent Award for outstanding environmental contributions.
Limetree Bay Refining reaches agreement in principle on St. Croix refinery restart
Unspecified oil company to enter into a tolling agreement and serve as the refinery’s supply and offtake counterparty.
Total and Sempra Energy sign MoU for development of LNG export projects
Agreement contemplates Total contracting for up to 9 million tpy across projects in Louisiana and Mexico.
Saudi Aramco and SABIC announce crude-to-chemicals complex at Yanbu
The integrated industrial complex is expected to begin operations in 2025.
China’s acrylonitrile-butadiene-styrene industry to be import dependent until 2022, says GlobalData
Latest report says that reliance is primarily due to growing demand from the household appliances, electronics, automotive and industrial sector.
Fluor Joint Venture achieves first steam on clean fuels megaproject in Kuwait
Workforce of 12 000 reaches 60 million work hours without lost-time incident.