Downstream news
Neste and SQUAKE enable businesses to opt for SAF in flight booking systems
Neste and SQUAKE have announced a strategic partnership that enables businesses to purchase Neste MY Sustainable Aviation Fuel™ through flight booking systems.
TotalEnergies to build a new plastic recycling unit at the Grandpuits zero-crude platform
TotalEnergies has announced it is building of a new mechanical recycling unit for plastic waste at its Grandpuits site, southeast of Paris, France.
US petroleum products exports set new record in 1H23
The EIA reports that US exports of petroleum products grew by 2% to nearly 6 million bpd in 1H23.
NextDecade announces US$356 million of senior loans for Rio Grande LNG Phase 1
NextDecade has announced that its subsidiary, Rio Grande LNG, has entered into a credit agreement with a group of lenders for US$356 million of senior loans.
ExxonMobil awarded licences to test for potential CCS locations
ExxonMobil's Low Carbon Solutions business has been awarded four licences to test for potential locations to store captured carbon dioxide emissions deep underneath the UK North Sea.
Royal Caribbean Group successfully test biofuels
Royal Caribbean Group has laid important groundwork for the maritime industry's alternative fuel ambitions by completing over 12 consecutive weeks of biofuel testing in Europe.
EIA: changes in US residential natural gas prices lag spot prices
Monthly average natural gas wholesale spot prices at the US benchmark Henry Hub have been generally declining so far in 2023, but these relatively low prices do not immediately translate into lower retail prices for residential consumers.
ExxonMobil expands chemical production at Baytown
ExxonMobil has announced the startup of two new chemical production units at its Baytown, Texas, US, manufacturing facility.
LanzaJet strengthens collaboration with Technip Energies
LanzaJet and Technip Energies have announced an agreement to strengthen their exclusive collaboration to support the global deployment of the LanzaJet® alcohol-to-jet (ATJ) process technology.
Vopak reaches agreement with Infracapital on the sale of its chemical terminals
Vopak has announced that it has reached an agreement with Infracapital on the sale of its three chemical terminals in Rotterdam, the Netherlands for a total purchase price of €407 million.