Downstream contract news

MET International AG and Shell have signed a non-binding memorandum of understanding to expand their existing long-term co-operation in LNG and gas trading.

Honeywell has announced that Verso Energy will use Honeywell UOP’s methanol-to-jet processing technology to produce electro-sustainable aviation fuel (eSAF) at seven planned production sites globally.

Centrica Energy has announced the signing of a long-term natural gas purchase agreement with Whitecap Resources Inc., a leading Canadian producer dedicated to the responsible development of oil and gas resources across the Western Canadian Sedimentary Basin.

Samsung C&T and Axens have signed a memorandum of understanding to collaborate on the deployment of carbon capture, utilisation, and storage projects.

Honeywell has announced that it has entered into an amended agreement to acquire Johnson Matthey's Catalyst Technologies business segment, which adjusts the total consideration from £1.8 billion to £1.325 billion and extends the long stop date to 21 July 2026.

HIF Global and German eFuel One GmbH have signed a HoA for the long-term offtake of e-Methanol from HIF’s Paysandú project in Uruguay.

Aramco and Microsoft have signed a non-binding MoU to help Aramco explore digital initiatives designed to accelerate industrial AI adoption, enhance digital capabilities, and strengthen workforce development in Saudi Arabia.

Uniper and GSPC have finalised an up to 10-year LNG agreement for deliveries of up to 0.5 million tpy into India.

MAIRE has announced that NEXTCHEM, through its subsidiary CONSER, has been awarded a licensing and process design package for the deployment of its technologies for the co-production of Dimethyl succinate (DMS) and 1.4-Butanediol (BDO) by a major state-owned chemical player in China.

Carbon Neutral Fuels has announced the selection of technology from Johnson Matthey, BP, and Honeywell UOP for its power-to-liquid efuels facility in Workington, UK.