Downstream contract news

Emirates and Neste have expanded their partnership by solidifying their collaboration for the supply of over 3 million gal. of blended Neste MY Sustainable Aviation Fuel (SAF) in 2024 and 2025.

Hycamite has reached an agreement with a distribution system operator, Kokkolan Energiaverkot, to supply methane to Hycamite’s Kokkola plant in Finland.

Yokogawa Corp. of America, a supplier of industrial automation and instrumentation solutions, has announced a distribution agreement with Valin Corporation.

Johnson Matthey (JM) and BP have announced that EDL Anlagenbau Gesellschaft mbH (EDL) has selected their co-developed Fischer Tropsch (FT) CANS™ technology for EDL’s HyKero plant.

DHL Express and World Energy have signed a long-term strategic agreement to accelerate the decarbonisation of aviation logistics.

Eni has reached an agreement in principle with the UK Government’s Department of Energy Security and Net Zero (DESNZ), on the key terms for the transportation and storage of carbon dioxide at the HyNet North West industrial CCS cluster.

LyondellBasell has announced that it has acquired a 50% stake in Rodepa Vastgoed B.V., the holding company of De Paauw Sustainable Resources (DPSR).

Svante and Storegga have signed a Memorandum of Understanding (MoU) to deliver integrated carbon capture, utilisation, and storage (CCUS) projects around the world.

Vertex Energy has announced that it has formally named BofA Securities, Inc. (BofA) as Vertex’s strategic financial advisor to assist with the company's renewable fuels and sustainable products growth strategy.

Excelerate Energy, Inc. has announced that it has signed a ten-year contract with Petróleo Brasileiro S.A. (Petrobas) to charter the floating storage and regasification unit (FSRU), Sequoia.