Downstream news
US DOE invests in carbon capture technologies
The US Department of Energy has invested US$17.6 million in technologies that are capable of reducing CO2 capture cost and energy penalties.
BHGE and Hoerbiger enter cooperation agreement
Hoerbiger has become an authorised service provider of Baker Hughes’ reciprocating compressors.
Valero purchases fuel storage facility
Valero Logistics UK Ltd has signed an agreement with SemLogistics for the purchase of a fuel storage facility in Wales, UK.
ExxonMobil close to gaining final approval for Beaumont oil refinery expansion
If authorised, the expansion could make Beaumont the largest crude processing plant in the US.
Turkish oil refinery to begin operating in 3Q18
The Star refinery will supply feedstock to Turkish petrochemicals firm Petkim and also produce diesel, naphtha and xylenes.
ONEOK extends NGL and natural gas infrastructure
ONEOK plans to invest approximately US$2.3 billion on its NGL and natural gas infrastructure.
Exmar FSRU departs for Singapore
Exmar has announced that its FSRU barge, delivered at the end of 2017, has left the Wison offshore marine shipyard in Shanghai, China and is on en route to Singapore.
ExxonMobil welcomes new base stock
ExxonMobil will begin production of its new heavy neutral base stock at its Rotterdam refinery.
Neste appoints Brenntag as base oils distributor in Greater China
Brenntag has been appointed as Neste’s new base oils distributor in Greater China.
Delek Logistics Partners and Green Plains Partners form joint venture
The two companies have formed DKGP Energy Terminals LLC, (DKGP) a 50/50 joint venture (JV) engaging in the light products terminalling business.