Downstream Report

M&G Chemicals plans to increase the capacity of its Corpus Christi facility.

M&G Chemicals plans to increase the capacity of its Corpus Christi, Texas facility by over 100kMT of integrated PET, reaching the total amount of at least 1,100 kMT of PET.

  • M&G Chemical PR
  • January 20, 2016
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EMRON to acquire Ardent Services and Rabalais Constructors

EMCOR announced that it has entered into a definitive agreement to acquire Ardent Services, L.L.C. and Rabalais Constructors, LLC from it's shareholders in an all cash transaction valued at approximately $205 million.

  • March 13, 2016
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Iran sees fire-hit petchem plant back online within three weeks

Iran expects most units at its Bu Ali Sina petrochemicals complex to resume operations within three weeks, after a fire was extinguished early on Saturday, Oil Minister Bijan Zanganeh was quoted as saying by his ministry's website, Shana.

  • Reuters - Dubai newsroom
  • July 9, 2016
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Magellan Midstream to Construct New Pasadena Marine Terminal

Magellan Midstream Partners, L.P. (NYSE: MMP) announced today its plans to construct a new high-capacity marine terminal along the Houston Ship Channel in Pasadena, Texas to handle refined petroleum products, including various grades of gasoline and diesel fuel, and renewable fuels. The new terminal will be built on nearly 200 acres of recently-acquired land. The TIC estimate is $335 million.

  • PRNewswire
  • July 14, 2016
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Chevron Approves Next Major Tengiz Expansion Project in Kazakhstan

Chevron to expand the Tengiz Project. The project will raise TCO’s total production to approximately 1 million barrels of oil equivalent per day. WPMP maximizes the value of existing TCO facilities by extending the production plateau and keeping existing plants producing at full capacity.

  • Chevron PR
  • July 5, 2015
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Enable Midstream Completes Bradley II Processing Plant

Enable Midstream Partners LP announced the completion of the Bradley II Plant, a 200 million cubic feet per day (MMcf/d) natural gas processing plant located at Enable’s Bradley Processing Complex in Grady County, Oklahoma.

  • Enabel Midstream PR
  • July 11, 2016
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Valero Starting New Crude Unit at Corpus Christi Refinery

Valero Energy Corp is starting up a new crude unit at the Corpus Christi Refinery. The $350 million, 70,000 barrels-per-day unit at the company's 205,000 bpd Corpus Christi refinery will enable the refinery to run lighter crudes.

  • Reuters - Kristen Hays
  • December 14, 2015
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KBR Wins Contract for Monroe Energy Refinery Project

KBR was awarded a EPC contract from Monroe Energy. The contract calls for EPC services for the Tier 3 Ultra-Low-Sulfur Gasoline Project at Monroe's Refinery in Trainer, PA. KBR will relocate and reconstruct an idle 60,000 BPD SCANfining unit from another facility to Monroe's Refinery. The work is expected to be completed in 2017, with the unit slated to start operations in the same year.

  • Zack's PR
  • July 7, 2016
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Devon Energy announced it will sell its 50 percent ownership in Access Pipeline to Wolf Midstream

Devon Energy announced that it has entered into an agreement to sell its 50 percent ownership interest in Access Pipeline to Wolf Midstream Inc., a portfolio company of Canada Pension Plan Investment Board, for CAD $1.4 billion.

  • Devon Energy
  • July 14, 2016
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Southern Company, Kinder Morgan Enter Southern Natural Gas Pipeline Strategic Venture

Southern Company and Kinder Morgan announced a natural gas pipeline venture through Southern Company’s acquisition of a 50 percent equity interest in the Southern Natural Gas (SNG) pipeline system. Kinder Morgan will continue to operate the system.

  • Southern Company PR
  • July 10, 2016
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