A bumper year for LNG contracting
Daniel Toleman and Kristina Gogoli, Wood Mackenzie, report on how Middle East sellers have captured the market share of LNG and explain why prices are continuing to vary.
Browse the latest downstream news news and articles.
KBC (A Yokogawa Company) has announced its acquisition of Flaretot® Ltd, a leading simulation software provider specialising in the design and evaluation of flare systems for hydrocarbon processing plants.
MAIRE has announced that NEXTCHEM, through its subsidiary NextChem Tech, has been awarded by SOCAR two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil Refinery (HAOR) industrial complex in Baku, Azerbaijan.
Axens has been awarded by Shell Deutschland GmbH the Engineering, Procurement and Fabrication contract to supply electrical tubular heater for Shell’s base oil distillation unit in Wesseling, Germany.
MidOcean Energy and Hunt Oil Company (Hunt) have entered into a definitive agreement whereby MidOcean will acquire an additional 15% interest in Peru LNG (PLNG) from Hunt.
ExxonMobil Basestocks is expanding its service to better meet customer demand for Group I, Group II and Group II+ products by opening a new supply terminal in Dagenham, UK.
MT Group has signed a contract with Danish energy leader Ørsted for the engineering and construction of Balance of Plant (BoP) piping and equipment for a carbon capture facility.
Yokogawa Electric Corp. has announced the global release in all markets other than Japan of the OpreX™ Intelligent Manufacturing Hub.
BASF has inaugurated a new world-scale production plant for alkyl ethanolamines at its Verbund site in Antwerp, Belgium.
KBR has been awarded a contract for its ROSE® supercritical solvent de-asphalting (SDA) technology from Zhejiang Petroleum & Chemical Co. Ltd. (ZPC), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.
