Downstream news
Low US distillate consumption reflects slow economic activity and biofuel substitution
The EIA reports that US distillate consumption so far this year is lower than usual because of warm winter weather, reduced manufacturing activity, and continued substitution of biofuels in place of petroleum distillate on the US West Coast (PADD 5).
API releases statement on NPC studies
The American Petroleum Institute (API) has released a statement on the National Petroleum Council (NPC)’s reports on Greenhouse Gas Emissions and Hydrogen.
Technip Energies and Anellotech to jointly develop sustainable plastics recycling
Technip Energies and Anellotech have signed a global joint development agreement to work cooperatively to further develop and then license Anellotech’s Plas-TCat™ process.
Repsol takes its multi-energy to major music festivals in Spain and Portugal
Repsol has joined forces with the six most important music promoters in Spain to jointly promote the use of different multi-energy solutions initially in 77 events.
TotalEnergies and Vanguard Renewables join forces to develop RNG in the US
TotalEnergies and Vanguard Renewables have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm Powered® renewable natural gas (RNG) projects in the US.
Clariant catalysts announces emissions reductions achieved in 2023
Clariant has announced numbers that highlight how the use of its catalyst products enabled the avoidance of greenhouse gas emissions in 2023.
Honeywell's technology helping to produce SAF with lower cost and waste
Honeywell's hydrocracking technology can be used to produce sustainable aviation fuel (SAF) from biomass, helping to make SAF that is less carbon intensive than traditional fossil-based jet fuels.
IOCL selects Lummus' cumene technology
The new cumene unit is part of a grassroots petrochemical and polymers expansion at IndianOil's complex in Paradip, India.
Baker Hughes to supply Saudi gas pipeline expansion with compression
Baker Hughes has been awarded a significant gas technology scope for Phase 3 of Saudi Arabia’s Master Gas System.
Texas LNG signs agreement with EQT for natural gas liquefaction services
Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, has signed a second Heads of Agreement (HOA) with EQT Corp. for natural gas liquefaction services for an additional 1.5 million tpy of LNG over 20 years.