The House of Representatives is set to take up the Inflation Reduction Act of 2022 that covers tax, energy, climate and other issues that impact the refining and petrochemical industries. After careful review, AFPM opposes this legislation.
Effective 8 August 2022, Limetree Bay Terminals is now doing business as Ocean Point Terminals. Ocean Point Terminals is an energy logistics hub, strategically located in the Caribbean on the island of St. Croix, U.S. Virgin Islands.
United Energy Corp. has announced 100% acquisition of Integrity Terminals, LLC., adding to its previous minority ownership stake of 12%.
CapturePoint Solutions (CPS) has signed a Letter of Intent (LOI) with a wholly-owned subsidiary of Energy Transfer to participate in a feasibility study to capture CO2 emissions from Haynesville Shale natural gas production facilities.
Freeport LNG Development and the PHMSA have entered into a Consent Agreement related to the 8 June 2022 incident at Freeport LNG's liquefaction facility.
Although total natural gas storage inventories in California, US, are 4% higher than they were one year ago, storage operation and capacity utilisation vary significantly by region.
Wood Mackenzie reports that market growth has staggered for global energy storage, with cumulative storage deployments expected to reach 500 GW by 2031.
CyberFuels has signed an LOI with an energy company that has a patented process for producing green hydrogen. The LOI calls for the prototype of the commercial units to be placed at the new CyberFuels Gateway Terminal in Florida, US.
From July 2022, Vitol Bunkers has extended its bunkering services to Jebel Ali (the largest container port in the Middle East) and to Port Rashid Cruise Terminal, Dubai, UAE.
Technip Energies Loading Systems will supply a marine loading arm to TotalEnergies as part of the floating storage and regasification unit (FSRU) project in Le Havre, France.