Downstream contract news

INEOS Grangemouth has announced planned further investment of over £1 billion towards reducing greenhouse gas emissions at its site to net zero by 2045.

Honeywell and Wood have announced a comprehensive package of technologies to support the effort to produce carbon-neutral aviation fuel (SAF).

Bently Nevada, a Baker Hughes business, and Saudi Basic Industries Corp. (SABIC) have announced a strategic framework alliance agreement for the supply of asset performance management services.

A second production facility for Kevilon in Knoxville, Tennessee, US, has been launched.

8 Rivers Capital LLC has announced an MOU between subsidiary Zero Degrees Whitetail 1 Ltd and Navigator Terminals to explore potential collaboration across the storage and transport of chemicals, gases and liquids in the UK by ship.

Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin.

MEGlobal has entered into an agreement with Calpine Energy Solutions for 100% renewable energy at MEGlobal's Oyster Creek petrochemical site in Texas, US, beginning in 2023.

Royal Dutch Shell plc has announced a final investment decision to build an 820 000 tpy biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery.

Axens and Arol Energy have signed a license agreement for Axens' Connect’In technology. This service offer will now be proposed by Arol Energy to its biomethane producer customers.

Eni and Aeroporti di Roma (ADR) have signed a strategic agreement to promote decarbonisation initiatives in the aviation sector and accelerate the ecological transition of airports.