Downstream contract news
Rio Tinto Kennecott to fully transition to renewable diesel
Rio Tinto will replace its entire fossil diesel consumption with renewable diesel at its Kennecott copper operation in Utah, US, from 2024.
Cosmo Oil and Yokogawa to explore possibilities for refinery digitalisation
Cosmo Oil Co., Ltd. and Yokogawa have joined forces to promote the digitalisation of operations at refineries owned by Cosmo Oil.
Infinium receives US$75 million equity commitment
Infinium and Breakthrough Energy Catalyst have announced a US$75 million project equity investment commitment to support Infinium’s eFuels project.
Neste and ENOC Group to collaborate
Neste and ENOC Group have agreed to collaborate to explore the possibilities of supplying and purchasing sustainable aviation fuel (SAF) in Dubai and the wider Middle East North Africa (MENA) region.
Yokogawa and FPT Software ink global partnership
Yokogawa Electric Corp. and FPT Software Co Ltd. have announced an agreement for the development and deployment of digital transformation (DX) services to strengthen operational technology (OT) – information technology (IT) convergence in the industrial sector.
HAROPA PORT and VERSO ENERGY sign agreement
HAROPA PORT and VERSO ENERGY have signed an agreement for the installation of a plant to produce low-carbon hydrogen and synthetic fuels.
BASF receives funding approval for electrolysis plant
With the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action and the State of Rhineland-Palatinate, BASF has taken a major step in its project aimed at decarbonising the chemical industry.
Quadrise Plc completes demonstration test of biofuels
Quadrise has announced that the industrial demonstration test of MSAR® and bioMSAR™ fuels at a client's site in Morocco has been successfully completed.
ADNOC and Santos to pursue global CCS platform
ADNOC and Santos have announced the signing of a strategic collaboration agreement to work towards the establishment of a global carbon management platform.
LanzaJet, British Airways and Nova Pangaea Technologies secure funding
Project Speedbird – a partnership between LanzaJet, British Airways, and Nova Pangaea Technologies – has secured a total of £9 million from the UK government's Advanced Fuels Fund (AFF) competition.