Downstream contract news

Emerson has been chosen by DG Fuels to provide comprehensive automation and project engineering to help transportation sector decarbonisation efforts through production of advanced biofuels.

Aspen Technology, Inc. has announced a newly expanded relationship with OMV Group to help accelerate the international integrated oil and gas company's energy transition initiatives.

Neste, a producer of renewable fuels from waste and residues, has acquired 29% of the shares of Neste Demeter B.V., increasing Neste’s ownership to 80% of the company.

Eni and Saipem have signed an agreement for the development of biorefining.

Neste is partnering with PTL Marine to provide Neste MY Renewable Diesel™ to the marine sector across the State of California, US.

New Fortress Energy Inc. announced that it has executed a definitive agreement to charter the Floating Storage and Regasification Unit (FSRU), Energos Winter, from Petrobras starting in December 2023.

W. R. Grace & Co (Grace) has announced that Oriental Energy Co. Ltd has started up a new plant with Grace’s UNIPOL® PP process technology.

Lummus Technology has announced that Haldia Petrochemicals Ltd. (HPL) will license its olefins conversion technology (OCT) and the Lummus/Versalis cumene and phenol technologies for a new plant in West Bengal, India.

Chesapeake Energy Corp. and Vitol Inc. have announced their entrance into a Heads of Agreement with Chesapeake Energy Marketing L.L.C., a subsidiary of Chesapeake Energy Corp.

Yokogawa Solution Service Corp. has announced the conclusion of an agreement with Microwave Chemical Co., Ltd. on the joint development of a small-scale distributed chemical recycling system that uses microwave heating.