Downstream contract news

Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, has signed a non-binding Heads of Agreement (HOA) with an affiliate of a top-tier credit-rated market participant for a long-term LNG free-on-board (FOB) sale and purchase agreement (SPA).

New Energy Blue and ARCO/Murray have announced a partnership to build out the New Energy biomass refinery designed platform across the US Midwest.

TOYO and Circular Plas have signed an agreement on the joint development of post-consumer plastics into recycled feedstock for petrochemicals.

Enerflex Ltd. (Enerflex) and BASF have entered into a Memorandum of Understanding (MoU) to jointly facilitate the commercial scale deployment of carbon capture, utilisation and storage (CCUS) applications.

MAIRE has announced that Kinetics Technology (KT) has been awarded an EPC project by HOLBORN Europa Raffinerie GmbH (HOLBORN) to develop an hydrotreated vegetable oil (HVO) complex inside HOLBORN’s refinery in Hamburg, Germany.

The recently released 993X series of analysers, encompassing the 993X and 9933, have received third-party agency certification for use in ATEX and IECEx Zone 1 rated hazardous locations.

Announced at Posidonia 2024, the American Bureau of Shipping (ABS) and the Liberian Registry are both granting approval in principle (AiP) to HD Hyundai Heavy Industries (HHI) and Capital Gas Ship Management (Capital Gas) for a very large ammonia carrier (VLAC) design.

Verde Clean Fuels, Inc. has selected Chemex Global, LLC as the contractor to spearhead the FEED phase of the company’s previously announced joint development agreement (JDA) with Cottonmouth Ventures, LLC, for the proposed development of a natural gas-to-gasoline facility.

In line with its strategy to grow its LNG business, TotalEnergies has announced the signing of two new LNG medium- and long-term contracts in Asia.

Verbio has started construction to convert its South Bend ethanol plant into the second integrated biorefinery plant in North America.