Downstream contract news
JM and BP chosen by EDL to support production of SAF
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 sign strategic agreement
DHL Express and World Energy have signed a long-term strategic agreement to accelerate the decarbonisation of aviation logistics.
Eni and UK Government agree on terms for CCS business model
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 acquires stake in De Paauw Sustainable Resources
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 to collaborate on CCUS projects
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 engages investment bank
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 and Petrobras sign contract
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 assesses possible investment in Shandong Yulong Petrochemical
Aramco, Nanshan Group, Shandong Energy Group and Shandong Yulong Petrochemical have signed a Memorandum of Understanding (MoU).
Celeros Flow Technology finalises sale of its filtration business
Celeros Flow Technology has finalised the sale of its filtration business unit to London headquartered private equity firm, PX3 Partners (PX3).
UK businesses to accelerate hydrogen technology
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.