Downstream contract news
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.
Atlas Copco Gas and Process compressor supports CO2 storage in biofuel plant
Atlas Copco Gas and Process will supply CO2 compression equipment to one of Europe’s most ambitious renewable biofuels plant projects.
ExxonMobil acquires Materia, Inc.
ExxonMobil has acquired California-based Materia, Inc. – developer of technology for manufacturing a class of materials that can be used in a number of applications.
China Gas and Beijing Gas Group enter into agreement
Under the agreement, the companies will cooperate in the procurement of imported natural gas resources; construction and utilisation of urban gas storage tanks; and supply of natural gas to downstream companies.
Woodside and BHP Group sign merger agreement
The companies have signed an agreement for the merger of BHP Group’s oil and gas portfolio with Woodside.
Pilot LNG awards contract to W. F. Baird & Associates Ltd
Pilot LNG, developer of the Galveston LNG Bunker Port project, has awarded the FEED contract for the project’s marine infrastructure engineering to W. F. Baird & Associates Ltd.
Axens wins contract to support CO2 sequestration and export facilities project
Axens has been selected for the CO2 dehydration package of the CO2 sequestration and export facilities project in Ras Laffan, Qatar.
Chevron Lummus Global introduces renewable fuel technology
Chevron Lummus Global LLC (CLG) has announced the expansion of its technology portfolio with the addition of its new ISOTERRA process for renewable diesel and sustainable aviation fuel (SAF) from biomass sources.
Ionada and Chart sign carbon capture MOU
Ionada and Chart Industries have signed an MOU to collaborate on carbon capture utilisation and storage (CCUS) projects in the shipping industry.
Shell awards Worley low-carbon fuels services contract
Shell has awarded Worley a significant low-carbon fuels services contract in the Netherlands. The facility will be able to produce approximately 820 000 tpy of low-carbon fuels every year.