by Efrain Garcia | Dec 17, 2024 | Downstream News
HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) today announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital. “We continue to demonstrate capital discipline, aligning our...
by Efrain Garcia | Dec 15, 2024 | Downstream News
Arlington, Virginia —Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana. Achieving this milestone for a 20 MTPA nameplate capacity project 30 months from its Final...
by Efrain Garcia | Dec 14, 2024 | Downstream News
News Brought to You by: The combined facilities will be capable of removing nearly 320,000 tonnes of carbon dioxide per year and will create at least 1,000 jobs in Northwest Louisiana. Direct Air Capture (DAC) provider Heirloom today announced an unprecedented...
by Efrain Garcia | Dec 14, 2024 | Downstream News
News Brought to you by: PASADENA, Texas (Dec. 10, 2024) – Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and...
by Efrain Garcia | Dec 10, 2024 | Downstream Projects
Breaking News Brought to you By: WILMINGTON, Del., December 10, 2024 — The Chemours Company (Chemours) (NYSE: CC), announced that the PCC Group (PCC) plans to build and operate a chlor-alkali facility on the grounds of Chemours’ titanium dioxide (TiO₂) plant in...
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