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Downstream contract news

 

Gerotto announces partnership with Derc Salotech

Gerotto has signed an exclusive distribution agreement with Derc Salotech for the sale of magnetic robots In Italy for cleaning vertical walls of tanks, ships, and metal structures.

 
 

Agreement signed for Live Oak project

TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project.

 

Centrica completes Grain LNG acquisition

Centrica plc has announced the completion of its Grain LNG acquisition in partnership with Energy Capital Partners from National Grid for an enterprise value of £1.5 billion.

 

Aster set to double ethylene export capacity

Aster has announced an agreement with Hitachi to acquire advanced compressor solutions to double its ethylene export capacity at the Aster Bukom island facility, Singapore.

 
 
 
 

HES Botlek Tank Terminal expands biofuels capacity

HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026.