Downstream contract news

INEOS has announced a €300 million investment supported by French government grants that will deliver the next phase of its Lavera regeneration plan and cut carbon dioxide emissions by 331 000 tpy.

Worley will provide technical advisory and client engineering support for the development of New Zealand’s LNG import terminal.

HAMR Energy has announced the close of its AUS$10 million Series A funding round, securing investment from major aviation companies Airbus and Qantas, as well as leading global industrial firm thyssenkrupp Uhde.

Transition Industries LLC has signed a long-term methanol sales and purchase agreement (SPA) with Mitsubishi Gas Chemical Co., Inc. (MGC) for the offtake of ultra-low carbon methanol from its Pacifico Mexinol project, Mexico.

Geoinform Ltd has signed a strategic cooperation agreement with Baker Hughes to various introduce oil and gas technologies aimed at of meeting emerging market demands and improving operational efficiency.

Caturus has announced the signing of a sale and purchase agreement between Commonwealth LNG and Aramco Trading, a subsidiary of Saudi Aramco.

Syntholene Energy has selected Dynelectro as the electrolyser technology vendor for its synthetic fuel demonstration facility in Iceland.

YPF, Eni, and XRG have announced they have signed a binding joint development agreement to advance Argentina LNG.

INERATEC has begun collaborating with a consortium that is advancing the evaluation of a potential e-Fuel value chain at the Biobío region, Chile.

Borouge, Borealis, Catalytic Finance Foundation, Pelita Mekar Semesta (PMS), and Reciki Solusi Indonesia, are set to establish Indonesia’s first fully integrated circular waste management ecosystem.