Downstream contract news
ENEOS Group to acquire TPC Holdings Inc.
ENEOS Holdings Inc. has announce that it has decided to acquire US chemical producer TPC Holdings, Inc. through ENEOS Holdings’ wholly owned US subsidiary, to make TPC a wholly owned subsidiary of ENEOS Holdings.
ExxonMobil awards McDermott LOI for Rovuma LNG project
McDermott Energy Solutions (UK) Ltd has been awarded a letter of intent including limited engineering and procurement services for the continuation of the Rovuma LNG Phase 1 midstream development by ExxonMobil Moçambique.
Envision and Sasol advance future energy systems
Envision Energy has collaborated with Sasol to advance the design study of a potential green hydrogen system at Sasol's Sasolburg operations in South Africa.
Shell Catalysts & Technologies agrees sale of Environmental Catalysts and Systems assets to Lummus Technology
Shell Catalysts & Technologies has announced that it has sold a number of intellectual property assets and experienced personnel relating to its Environmental Catalysts and Systems business to Lummus Technology.
Aether Fuels establishes advisory board to accelerate commercialisation of sustainable fuels
Aether Fuels have announced the formation of its inaugural Advisory Board, bringing together five distinguished leaders whose expertise spans aviation, energy, climate policy, finance, project development, and corporate strategy.
Commission approves €290 million Dutch State aid to support SAF development
The European Commission has approved, under EU State aid rules, two Dutch schemes with a combined budget of €290 million to support sustainable aviation fuels (SAF).
Exolum completes transaction to acquire a minority stake in SeaSeaS Amsterdam CO2 terminal project
Exolum has completed the acquisition of a minority stake in SeaSeaS Amsterdam, a project developing a multimodal CO2 export terminal at the Port of Amsterdam, the Netherlands.
Air Canada and Airbus launch joint initiative to scale domestic Canadian SAF
Air Canada and Airbus have announced their intent to establish a jointly funded Sustainability Co-Investment Platform to invest up to approximately CAN$13.7 million through the platform to support a commercial-scale SAF industry in Canada.
Argent LNG submits waterway suitability assessment to US Coast Guard
Argent LNG has announced the formal submission of its waterway suitability assessment to the US Coast Guard, marking a significant step in the company’s engagement with the full suite of federal agencies required for its LNG export project.
Convertus announces financial close of $135 million project financing for biofuel facility
Convertus Group has announced the successful financial close of $135 million in project financing for its flagship biofuel facility located in York Region, Ontario, Canada.