Downstream contract news
Novity enters strategic partnership with Chiyoda Corp.
Novity has entered into an MoU with Chiyoda Corp. to jointly deploy an integrated solution combining Novity’s predictive maintenance AI platform with Chiyoda’s operations and maintenance total solution platform.
Mantel and Wood announce MOU to scale high-temperature carbon capture
Mantel has named Wood as the preferred fired-equipment partner as first commercial project advances in Western Canada.
BOTAS and Argent LNG sign MoU
BOTAS and Argent LNG LLC have signed a memorandum of understanding for the delivery of US-origin LNG into Türkiye.
Aster invests US$80 million in Singapore to expand ethylene export capacity
Aster has taken FID to proceed with the US$80 million project to expand ethylene export capacity at its ethylene cracker complex in Singapore.
ENEOS signs SPA with Chevron for downstream businesses in Southeast Asia and Australia
ENEOS has announced that it has entered into Share Purchase Agreements with various subsidiaries of Chevron to acquire 100% of Chevron’s downstream fuels and lubricants marketing businesses in Southeast Asia and Australia.
Technip Energies receives full notice to proceed on major EPC contract with Commonwealth LNG
Technip Energies received full notice to proceed for a major EPC contract with Commonwealth LNG for its 9.5 million tpy LNG export facility in Cameron Parish, Louisiana, US.
Ludoil Energy signs agreement to acquire ISAB
Ludoil Capital has entered into a sale and purchase agreement with GOI Energy for the acquisition of the latter's stake in ISAB, the owner of the Priolo Gargallo refinery.
Aster and Puraglobe sign MOU to bring re-refining technology to Asia
Aster and Puraglobe have signed an MOU to jointly explore the development of a re-refined base oil processing facility in Singapore – turning used motor oil into high-performance Group II/III/III+ base oils.
LanzaTech invests €500 million for SAF plant in Ghent
LanzaTech has decided to invest in Ghent, Belgium, in Europe's first commercial plant for sustainable aviation fuel based on alcohol-to-jet technology.
PuriFire Energy and X-Press Feeders sign LoI for green methanol supply
PuriFire Energy has signed a Letter of Intent (LOI) with X-Press Feeders to support the development and supply of green bio methanol for the shipping sector.