Downstream news updates

Exolum, Methanex Corp., and Ørsted, have announced the launch of the UK’s first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham.

ABB has launched a new software-as-a-service (SaaS) option for its energy management and optimisation platform, ABB AbilityTM OPTIMAX® 7.0, alongside improved advanced process control software.

JERA Co., Inc. has announced the signing of a long-term LNG sale and purchase agreement with QatarEnergy to secure the supply of 3 million tpy for 27 years.

Covestro, Fertiglobe, and TA’ZIZ have signed a memorandum of understanding (MoU) to explore collaboration across petrochemicals sector and the ammonia and nitric acid value chains.

Sanjay Bhargava, Director for Global Process Optimisation at KBC, A Yokogawa Company, outlines why refinery profit improvement programmes are becoming both a business necessity and a sustainability enabler.

Axens has announced the closing of the acquisition of 100% of Eurecat, following the completion of the required regulatory approvals.

Binh Son Refining and Petrochemical JSC (BSR) has signed several memoranda of understandings (MoUs) with leading US energy firms, marking a fresh step forward in bilateral energy cooperation.

New Zealand’s Energy Minister, Simon Watts, has said the government will contract to build an LNG import facility to strengthen New Zealand’s energy security and support economic growth.

Baker Hughes has announced an agreement with Marathon Petroleum to become its preferred provider for hydrocarbon treatment products and services at refineries across the US.

Valmet has received orders from Dow to supply turnkey process analytical solutions for its Path2Zero project at its Fort Saskatchewan site in Alberta, Canada.

OQ and Kuwait Petroleum International (KPI) have signed a Project Development Agreement of a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD), Oman.

Provaris Energy has announced it has entered into a MoU with Himile to assess fabrication of and costs of proprietary LCO2 tanks at Himile’s manufacturing site in Rushan, China.

PETRONAS has signed a 20-year LNG sale and purchase agreement with QatarEnergy.

Bilfinger has been awarded a contract for the assembly and installation of BP’s 100 MW green hydrogen electrolyser plant in Lingen, Germany.

The Mugardos Energy Terminal is now ready to supply bioLNG to ships and tankers.

Eni and Q8 Italy have announced a major strategic investment in the ongoing project for the construction of a new biorefinery in Priolo, Sicily, Italy.

Lummus Technology and Sumitomo Chemical have announced the commercial availability of their polymethyl methacrylate chemical recycling (PMMA-CR) technology.

IGS has been awarded a contract by a major GCC LNG producer to deliver corrosion mitigation and pipe upgrades for finger slug catcher systems at one of its largest facilities.

Petrobras has renewed and expanded crude oil sales contracts with India’s main state-owned refiners during a global energy industry leaders’ meeting, held in the city of Goa, India.

Dow has announced a comprehensive plan to simplify how it operates and streamline its end-to-end processes, targeting at least US$2 billion in near-term operational EBITDA.

Abundia Group has announced that it has appointed Burns & McDonnell as its lead engineer to deliver the FEED package for its first waste-plastics-to-renewable products recycling facility in Baytown, Texas, US.

TECNIMONT (MAIRE) and Baker Hughes have signed a Memorandum of Understanding to collaborate on prospective modularised, scalable LNG projects.

VTTI and Höegh Evi have announced the launch of the open season for Zeeland Energy Terminal (ZET), marking an important next step in the development of new LNG import infrastructure for the Netherlands.

A new report from the IEA shows production of liquid and gaseous biofuels in India could double by 2030 through enhanced policy actions.