Downstream contract news

Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin.

MEGlobal has entered into an agreement with Calpine Energy Solutions for 100% renewable energy at MEGlobal's Oyster Creek petrochemical site in Texas, US, beginning in 2023.

Royal Dutch Shell plc has announced a final investment decision to build an 820 000 tpy biofuels facility at the Shell Energy and Chemicals Park Rotterdam, the Netherlands, formerly known as the Pernis refinery.

Axens and Arol Energy have signed a license agreement for Axens' Connect’In technology. This service offer will now be proposed by Arol Energy to its biomethane producer customers.

Eni and Aeroporti di Roma (ADR) have signed a strategic agreement to promote decarbonisation initiatives in the aviation sector and accelerate the ecological transition of airports.

bp and Brightmark have signed an MOU to jointly evaluate opportunities for development of the next generation of plastic waste renewal plants in Germany, the Netherlands, and Belgium.

bp, together with Macquarie Capital, is undertaking a feasibility study into the production of green hydrogen at its Kwinana site in Western Australia.

Kinder Morgan is partnering with Neste to create a premier domestic raw material storage and logistics hub in the US, supporting increased production of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals.

Chevron has joined a hydrogen joint venture with Magnum Development and Mitsubishi Power to produce, store and transport green hydrogen at utility scale for power generation, transportation and industrial applications in the western US.

The Environmental Partnership has released its third annual report highlighting the industry’s progress in reducing flaring.