Downstream contract news

Haffner Energy and IGNIS P2X have announced that they have begun their bio/e-SAF collaborative project AeroVerde, and their immediate task consists in identifying the project’s first site’s precise location in Spain.

Corteva Inc. and BP have announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops for use in the production of biofuels.

Hindustan Petroleum Corp. Ltd (HPCL) has commissioned the Residue Upgradation Facility (RUF) at its Visakh Refinery, India.

L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a major order from Bharat Petroleum Corp. Ltd (BPCL) for a polyethylene swing unit in India.

Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.

SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it has broken ground on its Wabash Low-Carbon Ammonia Plant in the US.

NEXTCHEM has agreed to acquire 100% of Ballestra Group, composed of Ballestra S.P.A. (Italy), Buss Chemtech Ag (Switzerland), and Ballestra Engineering and Projects Pvt (India).

PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.

Technip Energies has announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., a global leader in specialty catalysts and advanced materials.

A new report from the International Energy Agency (IEA) shows employment in the global energy sector expanding twice as fast as the rate for the overall economy, even as skilled labour bottlenecks pose rising risks.