Downstream contract news

8 Rivers has embarked on the development of a zero-emissions turbine that will create electricity from captured carbon dioxide with Siemens Energy.

OXCCU, a leading carbon-to-value company converting carbon dioxide into fuels, chemicals and plastics, has announced the launch of its first official demonstration plant, OX1, at Oxford Airport.

TotalEnergies has signed an agreement to sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group, a leading global commodities trading company.

Shell has selected Wood to deliver pre-FEED services for Oman’s innovative ‘Blue Horizons’ project.

NEXTCHEM, through its subsidiary NextChem Tech, has signed a binding term sheet with Sarlux S.r.l. to act as engineering services and technology provider for the implementation of a pilot SAF plant in Italy.

Crowley has accepted delivery of the LNG bunker barge, Progress, the largest US Jones Act-compliant vessel of its kind, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin, US.

Fortescue and COSCO SHIPPING have signed a non-binding Memorandum of Understanding (MoU) to work together on decarbonising shipping.

Gunvor Group (Gunvor) will join VARO Energy (VARO) in building a large-scale SAF manufacturing facility at the Gunvor Energy Rotterdam site (the Netherlands) through a proposed joint venture (JV).

This partnership aims to accelerate the use of artificial intelligence (AI) to streamline and contextualise data management and asset performance across the oil and gas, energy, petrochemicals, and manufacturing industries.

International Airlines Group (IAG) has reached an agreement with Repsol for the purchase and supply during the next six months of more than 28 000 t of sustainable aviation fuel (SAF).