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.
The latest oil, gas and petrochemicals storage news
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.