Downstream contract news
Chart Industries receives regulatory clearances for Howden acquisition
Chart Industries Inc. has announced that it has received all regulatory approvals required to close the acquisition of Howden from affiliates of KPS Capital Partners LP.
Targray announces new biodiesel terminal locations
Targray has announced the opening of two new biodiesel terminals in Oregon, US.
TotalEnergies reaches agreement with Oman LNG
TotalEnergies has signed an agreement with Oman LNG for the purchase of 0.8 million tpy of LNG over a period of 10 years starting from 2025.
Atlas Copco Energas and STRABAG Umwelttechnik to cooperate on heat pumps
Atlas Copco Energas GmbH and STRABAG Umwelttechnik GmbH have agreed on an extensive cooperation in the area of industrial and high-performance heat pumps.
Maire Tecnimont wins new contracts
Maire Tecnimont has been granted a FEED contract by African Refineries Port Harcourt Ltd for a 100 000 bpd refining plant.
Honeywell technology selected to modernise Egyptian refinery
Alexandria National Refining and Petrochemical Co. (ANRPC) will upgrade its existing naphtha complex using Honeywell UOP engineering services.
CGG and Kent announce strategic carbon capture and hydrogen partnership
The companies will use their combined experience to work on CCUS development and hydrogen production in an effort to accelerate global decarbonisation.
BASF and Henkel focus on renewable raw materials in Henkel’s consumer goods products
Around 110 000 tpy of fossil-based ingredients will be substituted with renewable carbon sources using BASF’s certified biomass balance approach. The measure will ramp up quickly and avoid around 200 000 t of CO2 emissions in total.
Neste and CINEA sign the EU Innovation Fund’s grant agreement for its clean hydrogen project
The EU Fund announced a grant decision of €88 million to Neste’s clean hydrogen project in Porvoo, Finland.
Neste’s divestment of base oils business to Chevron has been completed
The agreement, which was signed in October 2021, has now been approved by regulatory authorities.