North America downstream news

The deal adds new software capabilities to improve plant performance and brings new technologies to Emerson’s Operational Certainty™ initiative.

Jack Gerard, President and CEO of API since 2008, has announced he is to step down when his contract ends in August this year.

Kathryn Clay has been appointed the new President of ILTA, and will take up her position on 1 March.

Natural gas spot prices at Henry Hub in 2017 averaged about US¢50/million Btu higher than in 2016, according to the US EIA.

CITGO’s new President and CEO, Asdrúbal Chávez, has confirmed the company’s headquarters will remain in Houston, Texas, US.

VUV Analytics tripled revenues in fuels and petrochemicals in 2017 and took its first order in Saudi Arabia.

Praxair, Inc. has expanded its long-term hydrogen supply agreement with Motiva Enterprises LLC for a refinery in Texas, US.

According to the EIA, net withdrawals from natural gas storage amounted to 359 billion ft3 for the week ending 5 January 2018.

NIBE has also agreed to purchase the remaining 40% of BriskHeat’s outstanding shares in the future.

Vitol has acquired Noble Americas for approximately US$400 million, completing a sale which was first announced in October 2017.