Downstream contract news

Hydrogène de France (HDF Energy) has strengthened its partnership with the Department of Energy (DoE) and the Mindanao Development Authority (MinDA) by signing a joint Memorandum of Understanding (MoU).

Woodside has entered into a definitive agreement to acquire all issued and outstanding common stock of Tellurian including its owned and operated US Gulf Coast Driftwood LNG development opportunity (Driftwood LNG).

Svanehøj will provide deepwell ammonia fuel pumps for eight bulk carriers owned by a leading maritime shipping and logistics group as part of a new contract.

Honeywell and Air Products have jointly announced that Honeywell has agreed to acquire Air Products' LNG process technology and equipment business for US$1.81 billion in an all-cash transaction.

Fluor Corp. has announced completion of the final weld on the first production train at the LNG Canada project, in Kitimat, British Columbia, Canada.

Weekly US average gasoline prices have declined 19 cents/gal since the 2024 high on 22 April, falling to US$3.48/gal on 1 July, 5 cents/gal less than the price a year ago.

Lummus Technology has announced awards from Reliance Industries Ltd. to supply four Short Residence Time (SRT®) ethylene cracking heaters designed for hydrogen firing at two facilities in India.

Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, has signed a non-binding Heads of Agreement (HOA) with an affiliate of a top-tier credit-rated market participant for a long-term LNG free-on-board (FOB) sale and purchase agreement (SPA).

New Energy Blue and ARCO/Murray have announced a partnership to build out the New Energy biomass refinery designed platform across the US Midwest.

TOYO and Circular Plas have signed an agreement on the joint development of post-consumer plastics into recycled feedstock for petrochemicals.