Downstream news
China will lead global liquids storage with highest capacity additions and CAPEX
A report from GlobalData forecasts China to lead growth in global liquids storage capacity over the next four years.
NAES to operate ethanol biorefinery in North Dakota
NAES will operate and maintain Red River Biorefinery, owned by BioMass Solution.
Airswift promotes leadership team covering EMEA region
Airswift has announced two new Regional Directors for Europe and the Middle East.
CooperÖstlund to install gas engine ETCs for Bowman
CooperÖstlund will be Bowman's preferred ETC installer for natural gas, landfill gas and biogas applications.
John Crane launches gas seal technology to reduce methane emissions
John Crane has launched its latest gas seal technology designed to be retrofitted into centrifugal compressors with oil seals to significantly lower operating costs, improve reliability and reduce methane emissions by up to 95%.
EIA: OPEC oil export revenues set to increase
The EIA notes that the net oil export revenues of OPEC’s members increased in 2017 and are likely to do so again this year.
Partnership formed to advance LNG adoption
Sembcorp Marine, ABS and A*STAR’s Institute of High Performance Computing (IHPC) are teaming up to make LNG more accessible, reliable and safer for industry and domestic consumption.
Global demand for transport fuels set to rise
ESAI Energy believes that global demand for transport fuels will rise by more than 1 million bpd in 2019.
Methanol Institute welcomes IMO progress
The IMO is making progress towards inclusion of methanol in gas-fuelled ships code, according to the Methanol Institute.
Sempra Energy announces agreement with Elliott Management and Bluescape Energy
Funds affiliated with Elliott and Bluescape collectively own a 4.9% economic interest in Sempra Energy valued at US$1.6 billion