Downstream contract news

Johnson Matthey (JM) and BP have announced that EDL Anlagenbau Gesellschaft mbH (EDL) has selected their co-developed Fischer Tropsch (FT) CANS™ technology for EDL’s HyKero plant.

DHL Express and World Energy have signed a long-term strategic agreement to accelerate the decarbonisation of aviation logistics.

Eni has reached an agreement in principle with the UK Government’s Department of Energy Security and Net Zero (DESNZ), on the key terms for the transportation and storage of carbon dioxide at the HyNet North West industrial CCS cluster.

LyondellBasell has announced that it has acquired a 50% stake in Rodepa Vastgoed B.V., the holding company of De Paauw Sustainable Resources (DPSR).

Svante and Storegga have signed a Memorandum of Understanding (MoU) to deliver integrated carbon capture, utilisation, and storage (CCUS) projects around the world.

Vertex Energy has announced that it has formally named BofA Securities, Inc. (BofA) as Vertex’s strategic financial advisor to assist with the company's renewable fuels and sustainable products growth strategy.

Excelerate Energy, Inc. has announced that it has signed a ten-year contract with Petróleo Brasileiro S.A. (Petrobas) to charter the floating storage and regasification unit (FSRU), Sequoia.

Aramco, Nanshan Group, Shandong Energy Group and Shandong Yulong Petrochemical have signed a Memorandum of Understanding (MoU).

Celeros Flow Technology has finalised the sale of its filtration business unit to London headquartered private equity firm, PX3 Partners (PX3).

According to new research from Centrica Business Solutions, almost 59% of UK businesses plan to explore the role of hydrogen-based energy technologies to help them transition to net zero.