North America downstream news
Shell: LNG demand continues to grow
According to Shell’s annual LNG Outlook, strong growth in LNG demand could cause a potential supply shortage in mid-2020s.
DPO system receives ISO certification
Bearings Plus and Cook Compression have received ISO 9001:2015 quality management system certification for their shared Houston facility.
US DOE invests in carbon capture technologies
The US Department of Energy has invested US$17.6 million in technologies that are capable of reducing CO2 capture cost and energy penalties.
ONEOK extends NGL and natural gas infrastructure
ONEOK plans to invest approximately US$2.3 billion on its NGL and natural gas infrastructure.
ExxonMobil welcomes new base stock
ExxonMobil will begin production of its new heavy neutral base stock at its Rotterdam refinery.
Delek Logistics Partners and Green Plains Partners form joint venture
The two companies have formed DKGP Energy Terminals LLC, (DKGP) a 50/50 joint venture (JV) engaging in the light products terminalling business.
DTN to expand services this year
The US company is seeking to assist organisations by offering real-time allocation updates, normalised data and cost savings for in-house fuel desks.
Total, Borealis and NOVA Chemicals form JV
Affiliates of Total, Borealis and NOVA Chemicals have signed definitive agreements to form a joint venture for petrochemicals on the US Gulf Coast.
EIA: US proved reserves of natural gas increased in 2016, oil reserves remained unchanged
According to the US EIA, the US had 341.1 trillion ft3 of proved reserves of natural gas in 2016.
Magellan launches crude storage capacity auction
Intercontinental Exchange and Magellan Midstream have successfully launched an auction for short-term crude storage capacity at the East Houston Terminal.