Downstream news

The Dated Brent spot price increased to a premium of more than US$25/bbl compared with the front-month Brent futures contract in early April, the US EIA has reported.

KBR has announced a strategic investment in UK-based Applied Computing, marking a significant step forward in KBR’s AI driven growth strategy. As part of the investment, KBR has also secured a board position in the company.

The Pacifico Mexinol project celebrated the beginning of its pre-construction phase by symbolically laying a first stone.

Ebara Elliott Energy has been awarded an order from Kawasaki Heavy Industries to advance its global liquefied hydrogen supply chain.

Following the latest auctions for the allocation of gas storage capacity for next winter, Snam announces that storage capacity allocated allowed to achieve the target of filling Italian gas storage facilities to at least 90%.

Lummus Technology and ART-Envi Services have announced a partnership to offer a fully enclosed alternative that helps reduce emissions, improve safety, and support more sustainable refinery operations.

Baker Hughes has announced that it has entered into an agreement to sell its Waygate Technologies business to Hexagon, a provider of measurement technologies.

Burckhardt Compression has secured several orders to supply compressor solutions for LNG terminal projects in Thailand and Taiwan.

In the April issue of Hydrocarbon Engineering, Colin M. Frazier, American Petroleum Institute (API), discusses how proactive planning can help establish strong, prevention-focused safety systems within refineries.

The Crisafulli Government, Australia, is strengthening Queensland’s fuel security with a AUS$25 million investment, and streamlined approvals, to develop renewable diesel at Ampol’s Lytton refinery.