Downstream news

James Fisher Fendercare (JF Fendercare) – part of James Fisher and Sons plc, has successfully completed the first LNG STS transfer off the coast of Southwold, UK, for an energy major.

The developer of the first LNG export facility in Mexico has shipped an initial cargo this month, with the LNG sailing via the Panama Canal to Mexico’s LNG import terminal in Baja California Sur.

Canada Growth Fund Inc. and Svante Technologies Inc. have announced a financing commitment of up to US$100 million to accelerate the development and construction of Svante’s commercial carbon capture and removal projects in Canada and the US.

The US Energy Information Administration's (EIA) estimates of diesel consumption in China totalled 3.9 million bpd in June 2024, a decline of 11% from June 2023.

Lummus Technology has announced an award for multiple technologies from Bharat Petroleum Corp. Ltd. (BPCL) for a new world-scale ethylene plant and associated downstream units in Bina, Madhya Pradesh State, India.

The Environmental Partnership has released its sixth annual report highlighting the US oil and natural gas industry’s collaborative efforts to reduce methane emissions and advance environmental progress.

In 2023, 7% more natural gas was consumed in China than in 2022, after a decline of 1.1% in 2022 when economic growth was slower, mainly due to China’s zero-COVID policies, leading to a reduction in natural gas consumption.

EcoCeres Inc., has delivered its first vessel with 10 million litres of a sustainable blending component for jet fuel (neat HEFA-SPK) to the Evos Ghent terminal, Belgium.

Topsoe has signed an agreement with HOLBORN Europa Raffinerie GmbH (HOLBORN), to provide its HydroFlex™ technology for the production of SAF and renewable diesel at its plant in Hamburg.

BASF has announced the commercial launch of Fourtiva™, a new fluid catalytic cracking (FCC) catalyst for gasoil to mild resid feedstock.