Downstream contract news
Baker Hughes and PETRONAS to collaborate for Asia-Pacific energy transition
Baker Hughes and PETRONAS have announced that they have entered into an MoU on a strategic partnership to explore business initiatives to support the delivery of Asia’s energy transition.
GES announces sale of Rotterdam terminal to Tepsa
Global Energy Storage Group (GES) has completed the sale of its Rotterdam terminal, held through GES Netherlands B.V., to Tepsa.
ChemOne secures US$350 million insurance cover from ICIEC for Pengerang Energy Complex
Singapore-based petrochemicals, green energy, and natural resources conglomerate, ChemOne Group, has announced a significant milestone in the financing of the Pengerang Energy Complex (PEC) in Malaysia.
bp to sell select businesses in the Netherlands to Catom
bp has reached an agreement to sell its mobility and convenience and bp pulse businesses in the Netherlands to Catom, part of bp’s previously announced divestment programme.
Venture Global announces agreement with PETRONAS
Venture Global have announced the execution of a new 20 year sales and purchase agreement (SPA) with PETRONAS LNG Ltd.
The Port of Gothenburg signs agreement with Inter Terminals Sweden
The Port of Gothenburg has signed new agreements with one of its largest customers in the energy sector, Inter Terminals Sweden.
Babcock’s LGE business secures inaugural contract for ammonia fuel supply system
Babcock LGE business has been awarded a contract to deliver a marine ammonia fuel supply system, ecoFGSS-FLEX®.
RNG capacity projected to increase 70 million ft3/d in 2025 after record growth in 2024
Robust growth has driven the North America RNG market to 604 million ft3/d capacity in 2025, according to Wood Mackenzie.
Centrica and PTT sign heads of agreement for LNG supply deal
Centrica and PTT have signed a heads of agreement for a long-term LNG supply deal for a 10-year period.
PureCycle Technologies advances PureFive™ resin towards qualification
PureFive™ resin has advanced towards qualification with Procter & Gamble brands from PureCycle Technologies.