Rystad Energy comments on Texas refinery outages
Rystad Energy's VP Oil Markets, Paola Rodriguez-Masiu, has commented on the outages affecting Texas's oil refining sector in the wake of Storm Uri.
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The acquisition, expected to close in 2Q21, deepens Baker Hughes’ industrial asset performance management capabilities.
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.
Under the initiative, API member companies will commit to applying safety standards, implementing workforce training programmes and participating in performance-improving efforts.
Chart Industries has announced the acquisition of Cryogenic Gas Technologies, Inc. for US$55 million in cash.
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.
Javelina is a treating and fractionation plant that extracts olefins, hydrogen, and NGLs from the gas streams produced by local refineries.
TechnipFMC has split into two independent companies: TechnipFMC and Technip Energies.
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.
Dan Williamson, a spokesman for the project, said that there were "very substantive conversations going on with a number of companies".
