Downstream news
Asahi/America Inc. acquires Performance Plastics Inc.
Thermoplastic valve and pipe manufacturer Asahi/America Inc. has acquired fabrication shop Performance Plastics Inc.
New research shows that oil markets could be stabilised
A Rystad Energy report suggests that a swing producer can stabilise the market if the right heuristics are applied.
SABIC opens EPCA annual meeting
At the EPCA meeting, SABIC’s Vice Chairman and CEO focused on global sustainability challenges, the rise of ‘Smart Cities’ and the company’s strategy to advance sustainability solutions.
US continues to increase lighter crude oil production, says EIA
The EIA reports that the average density of crude oil produced in the US is becoming lighter as domestic production increases.
Petrofac secures contract extension in Iraq
Petrofac’s EPS East business secures four-year renewal on maintenance management services for Iraqi oil company.
Continental subsidiary engages energy infrastructure advisor
KKC has engaged Buck Hill to assist with arranging contracts and finance for its Maloy Refinery.
HIMA appoints CFO
HIMA Paul Hildebrandt GmbH has appointed Tobias Hoche as its new CFO.
CFMS partners with Digital Catapult
CFMS and Digital Catapult have partnered to encourage the use of advanced digital technologies in the energy sector.
Covestro to invest in new Baytown MDI plant
New train is expected to start production in 2024.
Woodside selects Bechtel for Pluto LNG expansion
Bechtel will assist Woodside as it prepares to award the FEED contract for the western Australia expansion.