Downstream contract news

TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project.

Centrica plc has announced the completion of its Grain LNG acquisition in partnership with Energy Capital Partners from National Grid for an enterprise value of £1.5 billion.

Aster has announced an agreement with Hitachi to acquire advanced compressor solutions to double its ethylene export capacity at the Aster Bukom island facility, Singapore.

Centrica Energy has announced the signing of a long-term sale and purchase agreement to supply LNG to Exodus for Honduras.

LBC and Duisport have announced the signing of an MoU for the intention to initiate a joint development of a new inland ammonia and CO2 terminal in Duisburg, Germany.

HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026.

The Zambia Development Agency has handed over the investment licence to China Zambia Petrochemical Corp. for the development of a US$1.1 billion crude-oil refinery and integrated energy complex in Ndola, Zambia.

Celtic Renewables has appointed engineering design consultancy, Allen Associates, to finalise the design of the proposed new industrial-scale green chemical production plant in Grangemouth, Scotland.

Uniper and thyssenkrupp Uhde have signed a framework agreement for the use of ammonia cracking technology for six large scale ammonia plants.

Venture Global Inc. and Tokyo Gas Co. Ltd have announced the execution of a new, long-term LNG sales and purchase agreement (SPA).