Downstream contract news

Neste has agreed to supply SAF to FedEx at Los Angeles International Airport, marking the first major US SAF deployment by FedEx.

Taiyo Oil Company Ltd (Taiyo) and Invest Alberta have announced the signing of an MoU to partner together to support Taiyo’s development of opportunities in Alberta related to the energy transition.

Nuberg EPC has announced a partnership with Germany's EDL Anlagenbau GmbH for petrochemical, refinery, and hydrogen derivatives.

Honeywell’s technology has been selected for first commercial hydrogen supply chain via methylcyclohexane.

ADNOC has announced multiple agreements with US energy majors during the UAE-US business dialogue with US President Donald J. Trump.

Penspen has secured a multi-million-pound contract to advance a ground-breaking HyNet CO2 pipeline project.

Deliveries of oil products from Exolum terminals to the Spanish market increased by 7.1% in April 2025 compared to the same period in 2024.

VTTI has moved to the next phase of its open season for Project Amplifhy following strong market interest.

The EIA has forecast that world oil consumption growth will slow amid less economic activity.

AMETEK Process Instruments and Worley Comprimo have agreed to deliver a fully automated technology solution for sulfur recovery stakeholders.