Downstream contract news
BP and OMV sign LNG supply agreement
BP and OMV have signed a long-term sales and purchase agreement (SPA) covering supply of up to 1 million tpy of LNG.
EIA: natural gas prices fall in 1H23
Natural gas prices have fallen in 1H23 amid record production and mild temperatures.
GAIL and LanzaTech enter into strategic partnership
GAIL and LanzaTech have entered into a strategic partnership to explore biorecycling carbon waste into fuels and chemicals.
Berkshire Hathaway Energy announces purchase of stake in Cove Point LNG
Berkshire Hathaway Energy has announced it will purchase Dominion Energy’s 50% limited partnership stake in the Cove Point LNG, LP business.
Centrica signs LNG supply agreement
Centrica and Delfin Midstream Inc. have announced the signature of a sales and purchase agreement (SPA) for 1 million tpy of LNG.
INEOS to acquire TotalEnergies’ petrochemical assets at Lavera
INEOS is to acquire Naphtachimie, Gexaro and Appryl, currently 50:50 joint ventures between INEOS and TotalEnergies at Lavera in southern France.
Aramco awards Technip Energies a project management consultancy contract
Technip Energies has been selected by Aramco for the project management consultancy (PMC) contract to develop the master plan for Ras Al Khair, a new industrial city in Saudi Arabia.
Chart Industries receives regulatory clearances for Howden acquisition
Chart Industries Inc. has announced that it has received all regulatory approvals required to close the acquisition of Howden from affiliates of KPS Capital Partners LP.
Targray announces new biodiesel terminal locations
Targray has announced the opening of two new biodiesel terminals in Oregon, US.
TotalEnergies reaches agreement with Oman LNG
TotalEnergies has signed an agreement with Oman LNG for the purchase of 0.8 million tpy of LNG over a period of 10 years starting from 2025.