Downstream news
Naphtha and LPG pricing to pick up
Conditions are emerging for global demand for ethane, propane and butane to increase by more than 600 000 bpd.
Petrobras to join OGCI
Petrobras has become the tenth member of the OGCI following a meeting of the group at the World Economic Forum in Davos, Switzerland.
Shell Midstream declares increase in quarterly distribution
Shell Midstream Partners declared a cash distribution of US$0.333 per limited partner unit for 4Q17.
European gas market can manage cuts to Groningen output - industry official
In an interview with Reuters, Stephen Kamphues claimed that the European gas market could withstand planned cuts to production from the Groningen gas field.
McDermott and CB&I combination proceeding
McDermott and CB&I announce early termination of Hart-Scott-Rodino Waiting Period for proposed combination.
Chevron recognises Evoqua Water Technologies
Evoqua Water Technologies has been recognised by Chevron for ‘Exceptional Site Support Performance’.
Air Products to supply Samsung Display complex
Air Products has been awarded contracts to supply gaseous nitrogen and oxygen, and liquid argon to Samsung Display’s organic light emitting diode manufacturing complex.
Hess Midstream Partners and Targa Resources announce joint venture
The two companies have formed a joint venture to construct a new gas processing plant in North Dakota, US.
DNV GL: Confident oil and gas professionals expect substantial rise in CAPEX, OPEX and R&D in 2018
Confidence within the oil and gas industries has surged after a difficult few years, according to a survey by DNV GL.
Air Liquide inks long-term agreement with KMCI
Air Liquide will increase its supply of both hydrogen and carbon monoxide at the Yeosu industrial complex.