Downstream contract news

Avfuel Corp. has announced a formal commitment to sustainability, including a new sustainability mission statement and a pledge to offset emissions annually.

According to GlobalData, Russia is expected to dominate the Former Soviet Union (FSU) region in terms of the number of gas processing capacity projects expected to be planned or announced between 2021 and 2025.

The IEA’s ‘World Energy Outlook 2021’ shows that a new energy economy is emerging, but not yet quickly enough to reach net zero by 2050.

A new partnership between Dow and Haldor Topsoe will turn waste plastics into circular plastics.

According to GlobalData, the US is expected to lead North America’s planned and announced gas processing capacity additions projects over the next 5 years, contributing approximately 65% of the regions gas processing additions by 2025.

Chevron Corp. has issued an updated climate change resilience report that further details the company’s ambition to advance our lower carbon future. 

Worley has been awarded a services contract for a residue upgrade project at Saudi Aramco’s Ras Tanura refinery.

KP Engineering and Omni Conversion Technologies Inc. have signed a new agreement to collaborate on green hydrogen initiatives.

thyssenkrupp Uhde Africa and Wismut GmbH have been appointed to execute a pre-feasibility for study for a Renewable Underground Pumped Hydroelectric Energy Storage (RUPHES) project on a specific site with a South African mining company.

Mammoet has completed the first lift using its innovative FOCUS30 crane; helping to reduce disruption during scheduled turnaround activity at a refinery in the UK.