Downstream news

The gas to liquids (GTLs) processes for chemicals and energy market is expected to reach US$15.5 billion by 2022 with CAGR of 6.7%, according to Wise Guy Reports.

Venture capitalists have invested US$5.8 billion in bio-based chemicals, as focus shifts to disruptive synthetic biology.

According to Grand View Research, the carbon capture & storage (CCS) market will exceed US$8.75 billion by 2025.

Kellogg Brown & Root Services, Inc. have begun the use of Puradyn filtration systems in Kuwait City.

Duke Energy has announced it has completed the sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina.

NGL Energy Partners has announced it will acquire certain assets from Murphy Energy Corporation.

Chevron Products Company has signed a long term agreement with WEX Bank to issue and operate Chevron and Texaco branded commercial fleet cards commencing in January 2018.

NRG has announced that it has completed four coal to gas projects and will continue its fleet optimisation strategy.

Praxair, Inc. has started up its carbon dioxide purification and liquefaction plant at Delaware City Refining Company’s facility in Delaware City.

LiqTech has announced it has received a US$260 000 order for a water treatment system for flue gas condensate.