North America downstream news

NextChem and US carbon recycling company LanzaTech have signed an agreement to license the "Waste to Ethanol" process line.

Hengyuan Refining Company Bhd. is using Honeywell UOP’s modular Chlorsorb technology as part of a revamp of its existing UOP CCR Platforming unit to help it comply with new clean air regulations.

The company has opened a performance test stand for API617 centrifugal compressor testing in Houston.

Sparrows will supply and install lubrication systems as well as provide parts and repair services for SKF’s Lincoln lubrication systems in Louisiana and Mississippi.

The combination of rapidly declining crude oil prices in March 2020 and relatively flat (and historically low) natural gas prices compressed hydrocarbon gas liquids (HGL) spot prices into a narrow price band from mid-March through the end of April 2020.

The Export-Import Bank of the United States has reaffirmed its continuing support for the LNG project on the Afungi Peninsula by initiating the process of providing US$4.7 billion in financing.

Adrian Lara, Senior Oil & Gas Analyst at GlobalData, has offered his view on the US$13 billion acquisition.

The US EIA has reported that petroleum demand will remain below 2019 levels for several more months.

Chevron has announced an agreement to acquire all of the outstanding shares of Noble Energy.

Elliott Group has announced plans to close its Packaging Solutions operations and consolidate these with its Engineered Products business.