Downstream contract news

The Government of Bangladesh and the Islamic Development Bank have signed US$1 billion financing agreement for the modernisation and expansion of the Eastern Refinery Project.

Black & Veatch has announced the launch of BVInfraIQ, an AI-enabled digital infrastructure intelligence platform that transforms complex operational data into actionable intelligence and in real time.

Nikkiso Clean Energy & Industrial Gases Group has secured a contract with CS Gas North to provide 16 submerged motor pumps for German LNG Terminal in Brunsbüttel.

Axens has been selected by YPF for the implementation of a 5000 m3/d low sulfur diesel hydrotreater unit at YPF’s Industrial Complex in Argentina, with Axens’ Prime-D™ technology.

OMV Petrom has received all seven modules for its second electrolyser at the Petrobrazi refinery in Romania, expanding its green hydrogen production capacity to 55 MW.

The Middle East conflict continues to disrupt oil exports through the Strait of Hormuz, straining markets and pressuring inventories – and increasing the urgency of reopening the critical waterway, according to the IEA's latest Oil Market Report.

Ammobia has announced an agreement with Lummus Technology to license and deploy its ammonia production system to support low-carbon maritime fuel and energy storage and transport.

Siemens Energy has announced it is starting preparations for its Transformation of Industry business to become a standalone company, including steam turbines, compressors, and electrolysers.

CF Industries, JERA, and Mitsui have broken ground on ITS Blue Point One ammonia plant in Louisiana, US, which will produce ammonia using hydrogen from natural gas.

Burckhardt Compression has secured two orders for the Boaventura Energy Complex, a major Petrobras project in Brazil, for the supply of six PL2 compressor packages and related services.