Downstream contract news

Chevron has joined a hydrogen joint venture with Magnum Development and Mitsubishi Power to produce, store and transport green hydrogen at utility scale for power generation, transportation and industrial applications in the western US.

The Environmental Partnership has released its third annual report highlighting the industry’s progress in reducing flaring.

Shell has announced more than $5 million in support for hurricane Ida relief efforts.

LyondellBasell has announced that the company has obtained the International Sustainability and Carbon Certification (ISCC) PLUS certification for certain grades of polyethylene and polypropylene produced at four of its US manufacturing sites.

United and Honeywell have announced a joint multimillion-dollar investment in Alder Fuels – a cleantech company that is producing technologies for producing sustainable aviation fuel (SAF) at scale.

According to GlobalData, India is expected to contribute about 30% of the total refinery hydrotreater capacity additions in Asia between 2021 to 2025, the second highest in the region after China.

Sasol and the Central Energy Fund (CEF) have signed a memorandum of understanding (MOU) to collaborate on accelerating the development of gas solutions in South Africa.

Rain Carbon Inc. has resumed calcined petroleum coke production at three of its US facilities, and the restart process has begun at a fourth plant impacted by Hurricane Ida, which hit the Gulf Coast on August 29.

Chevron U.S.A. Inc., a subsidiary of Chevron Corp. and Caterpillar Inc. have announced a collaboration agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power.

Neste has agreed to acquire 100% of Agri Trading, one of the largest independent renewable waste and residue fat and oil traders in the US, and its affiliate entities.