DNV GL: COVID-19 and the climate emergency
DNV GL states that although COVID-19 has accelerated decarbonisation, there is still a long way to go to achieve Paris Agreement targets.
The latest downstream news
BTS Biogas and ENGIE sign MoU
The MoU signals the commitment of BTS Biogas and ENGIE in working together to increase their decarbonisation efforts.
Equinor plans for UK hydrogen plant
px Group has welcomed the announcement of Equinor’s hydrogen plant plans for the Saltend Chemicals Park, UK.
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API responds to the House Select Committee’s climate plan
The American Petroleum Institute (API) has released a statement responding to the climate plan outlined by the House Select Committee.
North American refiners amend strategies
GlobalData reports that North American refiners have amended their strategies to tackle loss of fuel demand amid the COVID-19 outbreak.
Eni and NextChem strengthen partnership
This partnership will conduct research for a new project to be developed in Taranto, Italy, in addition to ongoing engineering studies for a waste-to-hydrogen production plant at the Eni bio refinery in Venice.
Chevron acquires Puma Energy
Chevron has completed the acquisition of Puma Energy (Australia) Holdings Pty Ltd for AU$425 million.
AMETEK announces new diesel tank level transmitter
AMETEK has announced the release of a new diesel tank level transmitter for oil and gas applications.
Peterson secures Shell contract extension
Peterson has announced that it has secured a contract extension for Shell support from its Lowestoft base.
AVEVA ranked in Verdantix report
AVEVA has announced that it has been named in the Verdantix 2020 Green Quadrant for Asset Performance Management Solutions re-port.
AFPM: the importance of a cyber approach
The AFPM outlines why the COVID-19 pandemic underscores the importance of a proper cyber approach for fuels and petrochemicals.
Gasum opens new shipping fuel station
Gasum has announced that its new bunkering station for liquefied gas was taken into use in mid-June.
Indonesia’s LNG imports continue to rise
Wood Mackenzie expects Indonesia’s LNG imports to be resilient against the coronavirus-led global economic downturn.
BP continues clean energy shift
Petrochemicals divestment is another sign of BP’s clean energy shift, reports GlobalData.
KBR awarded contract by ANCAP
KBR has announced that it has been awarded a contract for its solvent deasphalting technology by ANCAP.
BP agrees to sell its petrochemicals business
BP has announced its agreement to sell its petrochemicals business to INEOS for US$5 billion.
Polskie LNG selects contractor for LNG terminal extension
Polskie LNG has announced the selection of the contractor for its LNG terminal expansion project.
TSA responds to BEIS Committee’s inquiry on Post-Pandemic Economic Growth
The TSA has called for a clear strategy to be developed with the bulk liquid storage sector to set a joint vision for the future.
US petrochemical investments reconsidered during COVID-19
GlobalData reports that the US petrochemical industry has been forced to rethink investment decisions amid the COVID-19 pandemic.