Downstream petrochemical news
Pin Oak Holdings to sell Mt. Airy terminal to MPLX
Pin Oak Holdings will maintain an economic interest in the facility after the US$450 million transaction.
USD Partners announces second contract extension at Hardisty terminal
USD Partners has entered into a four-year extension with Cenovus Energy, acquiring 25% of the Hardisty terminal’s capacity.
Hafnia mandates Inatech to prepare for 2020 sulfur cap
Inatech will digitise Hafnia’s fuel procurement process to enable market analysis and supplier management.
ITM Power opens new hydrogen refuelling station at Johnson Matthey’s Swindon site
The opening of the public access station on the M4 corridor is being supported by Toyota, Hyundai and Honda.
Black Swan enters ownership agreement with AltaGas
AltaGas will have a 50% stake in Black Swan gas processing plants.
German petroleum industry discusses data exchange at IFLEXX 2018
Annual meeting held to discuss the application, extension and adaptation of oil and gas industry data exchange format.
MPLX LP acquires US Gulf Coast export terminal
Mt. Airy Terminal on the Mississippi River to be located near nine refineries.
Gulf Resources announces the receipt of closing notice of bromine factories in China
Three factories will close after Gulf Resources received a closing notice from the local government.
Alfa Laval wins SEK85 Million energy efficiency order
Alfa Laval will supply compact heat exchangers to a petrochemical plant in the US.
Merger of Andeavor and Marathon Petroleum approved by stockholders
Adoption of the merger agreement and plan and issuance of MPC common stock have been approved at separate stockholder meetings.