Downstream contract news
Idemitsu Kosan invests in Jet Zero Australia
Idemitsu Kosan Co., Ltd. has announced its strategic investment and partnership with Jet Zero Australia.
XPO Logistics begins partnership with TotalEnergies in the UK
XPO has confirmed its latest partnership with TotalEnergies after winning the business through a competitive tender process.
Air Products awards a module fabrication agreement to Worley
Air Products Canada Ltd. has awarded Worley an agreement to provide procurement, fabrication and modularisation services for its Net-Zero Hydrogen Energy Complex in Canada.
LyondellBasell selects Emerson to modernise automation technology at olefins production plants
Emerson has been selected by multinational chemical company LyondellBasell to modernise control systems and software at its Wesseling complex in Germany.
EIA: reduced refinery activity puts upward pressure on gasoline and diesel prices
The EIA reports that since early January 2024, US refinery utilisation has decreased 11%.
StormFisher Hydrogen secures investment for e-Fuel production facilities
StormFisher Hydrogen has secured a US$30 million investment from ARC Financial Corp.
NEXTCHEM to acquire 100% of GasConTec Gmbh
MAIRE has announced that NEXTCHEM has signed a binding agreement to acquire 100% of GasConTec Gmbh (GCT), a company specialised in technology development and process engineering.
TotalEnergies and Bapco Energies join forces in petroleum products trading
TotalEnergies and Bapco Energies are joining forces in petroleum products trading in Bahrain.
ADNOC closes acquisition of 24.9% stake in OMV
ADNOC has announced that it has formally closed the acquisition of a 24.9% shareholding in OMV AG (OMV), a global energy and chemicals group.
Southwest Airlines launches Renewable Ventures subsidary
Southwest Airlines Co. has launched Southwest Airlines Renewable Ventures (SARV), dedicated to creating more opportunities for scalable sustainable aviation fuel (SAF).