Downstream contract news

At the Invest Zambia International Conference, the Industrial Development Corp. (IDC) has signed two memoranda of understandings (MoUs) worth over US$2 billion, securing major investments in Zambia’s energy sector.

Moeve and Zaffra, a joint venture between Sasol and Topsoe, have announced the signing of an MoU to advance European aviation fuel decarbonisation.

Neste and DHL Express have strengthened their collaboration with the supply of neat, unblended, SAF to DHL Express at Singapore Changi Airport starting July 2025.

Baker Hughes and PETRONAS have announced that they have entered into an MoU on a strategic partnership to explore business initiatives to support the delivery of Asia’s energy transition.

Global Energy Storage Group (GES) has completed the sale of its Rotterdam terminal, held through GES Netherlands B.V., to Tepsa.

Singapore-based petrochemicals, green energy, and natural resources conglomerate, ChemOne Group, has announced a significant milestone in the financing of the Pengerang Energy Complex (PEC) in Malaysia.

bp has reached an agreement to sell its mobility and convenience and bp pulse businesses in the Netherlands to Catom, part of bp’s previously announced divestment programme.

Venture Global have announced the execution of a new 20 year sales and purchase agreement (SPA) with PETRONAS LNG Ltd.

The Port of Gothenburg has signed new agreements with one of its largest customers in the energy sector, Inter Terminals Sweden.

Babcock LGE business has been awarded a contract to deliver a marine ammonia fuel supply system, ecoFGSS-FLEX®.