Downstream news

The US Department of Energy has invested US$17.6 million in technologies that are capable of reducing CO2 capture cost and energy penalties.

Hoerbiger has become an authorised service provider of Baker Hughes’ reciprocating compressors.

Valero Logistics UK Ltd has signed an agreement with SemLogistics for the purchase of a fuel storage facility in Wales, UK.

If authorised, the expansion could make Beaumont the largest crude processing plant in the US.

The Star refinery will supply feedstock to Turkish petrochemicals firm Petkim and also produce diesel, naphtha and xylenes.

ONEOK plans to invest approximately US$2.3 billion on its NGL and natural gas infrastructure.

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 will begin production of its new heavy neutral base stock at its Rotterdam refinery.

Brenntag has been appointed as Neste’s new base oils distributor in Greater China.

The two companies have formed DKGP Energy Terminals LLC, (DKGP) a 50/50 joint venture (JV) engaging in the light products terminalling business.