North America downstream news
EIA forecasts US will import more petroleum than it exports in 2021 and 2022
The US Energy Information Administration expects the US – a net exporter of petroleum in 2020 – to return to being a net petroleum importer on an annual basis in both 2021 and 2022.
API Energy Excellence initiative strengthens industry’s commitment to safety and sustainability
Under the initiative, API member companies will commit to applying safety standards, implementing workforce training programmes and participating in performance-improving efforts.
Chart Industries acquires Cryogenic Gas Technologies
Chart Industries has announced the acquisition of Cryogenic Gas Technologies, Inc. for US$55 million in cash.
Deep freeze shuts refineries in US Gulf
Unusually harsh weather for the US southern states has knocked out more than 3 million bpd of refining capacity in the US Gulf, according to Reuters calculations.
Howard Energy Partners closes on acquisition of Javelina facility
Javelina is a treating and fractionation plant that extracts olefins, hydrogen, and NGLs from the gas streams produced by local refineries.
TechnipFMC completes spin-off
TechnipFMC has split into two independent companies: TechnipFMC and Technip Energies.
API welcomes clean energy funding announced by US Department of Energy
The US$100 million announced under DOE’s Advanced Research Projects Agency-Energy programme aims to identify and help develop cutting-edge, innovative technologies needed to further reduce greenhouse gas emissions and tackle climate change.
PTT US subsidiary looking for partner for Ohio ethane to plastics plant
Dan Williamson, a spokesman for the project, said that there were "very substantive conversations going on with a number of companies".
CVR Energy proceeds with KBR on next phase of alkylation revamp project
A subsidiary of CVR Energy, Inc. is proceeding with the next phase of the KBR Solid Acid Alkylation Technology project for its refinery in Wynnewood, Oklahoma, US.
International private equity consortium to buy DuPont Clean Technologies for US$510 million
The transaction is expected to close in 2Q21 subject to customary closing conditions and regulatory approvals.