Downstream petrochemical news
US senators introduce act to lease Strategic Petroleum Reserve storage capacity
Bill Cassidy and Michael Bennet believe added revenue will support SPR maintenance and its long-term operational readiness.
BP enters JV with WorleyParsons in New Zealand
Terminal Services Agreement awarded to New Zealand Oil Services Ltd.
US sets new record for petroleum demand
The API’s latest statistical report shows that October demand was the strongest since 2006.
Wärtsilä, LUT University and Nebraska Public Power District to develop business case for alternative fuels
Specified alternatives include methanol, DME and ammonia.
Implico integrates French service stations into the existing Certas Energy system
88 stations linked to existing infrastructure.
Green Plains sells ethanol plants to Valero
The transaction represents approximately 20% of Green Plains’ reported ethanol production capacity.
Green Plains announces closure of Hopewell ethanol facility
Most of the plant’s equipment will be transferred to other Green Plains facilities.
Agilyx and Monroe Energy to produce lower-carbon crude oil for jet fuel
The feedstock for the fuel is derived from recycled waste plastics.
American Midstream to sell refined products terminals
The company has entered into a definitive agreement for the sale to Sunoco.
Asia to dominate global LNG regasification CAPEX and capacity additions to 2022, says GlobalData
Asia is expected to be the major contributor to the growth of global LNG regasification capacity between 2018 and 2022, according to a GlobalData report.