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Downstream contract news


Baker Hughes and SABIC form alliance

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.


Navigator Terminals signs strategic partnership with 8 River

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 to sign Pemain interest to ConocoPhillips

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.


Shell to build biofuel facility in Europe

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.