Downstream news

New facility aimed at maximising sulfur recovery otherwise lost during normal transportation operations.

Complex will receive a 150 000 bpd expansion to its NGL fractionation facilities.

Unit will convert heavy, higher sulfur residual oil into marine gasoil and diesel.

The Commission has approved the compensation granted by Lithuania to LITGAS under EU State aid rules.

Air separation units at the Tennessee facility will be owned and operated by Air Products.

Latest report asserts that global oil supply/demand will be generally balanced in 2019, but product market weakness will build in 2020.

Investment in front-line oil and gas safety should be reviewed following cost cutting, according to Sofiyan Yahya, Founder and Advisor to MOGCS.

Portfolio review concludes that McDermott’s storage tanks and pipe fabrication businesses are not core to its strategic objectives.

TechnipFMC will undertake EPC work at MIDOR’s existing Egypt refinery.

Project would create first onshore location in the US Gulf capable of servicing fully laden very large crude carriers.