Mabanaft invests in strategic expansion of jet fuel storage
The investments include a commitment to long-term storage and the construction of a new road loading rack at the Canvey Island storage terminal.
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GTT has received an order from a Korean shipyard concerning the tank design of two new 174 000 cubic metre LNG carriers.
Approximately US$2.5 billion of planned capital spending is associated with the company’s downstream businesses.
PT Pertamina (Persero) and Overseas Oil & Gas (OOG) are committed to running the grass root refinery (GRR) project or the construction of a new refinery in Bontang.
On 23 November, the natural gas spot price at the Henry Hub in Louisiana, US, was US$4.70/million Btu, the highest price since a temporary spike in January 2018.
More than 2500 Rotork IQ3 electric actuators have been installed at a Chinese oil refinery and petrochemical complex.
The company will work with the Port of Newcastle to develop the FSRU terminal.
The US Environmental Protection Agency (EPA) issued a final rule for the 2019 Renewable Fuel Standard (RFS) programme.
The companies will build a plant to refine and upgrade a feedstock made from low quality, mixed plastic waste.
ABS and KOMERI have signed an MoU to improve the safety of LNG as a fuel.
