Downstream news
Honeywell and Chevron collaborate on AI-assisted solutions for refining processes
Honeywell has announced a strategic collaboration with Chevron to develop advanced artificial intelligence (AI)-assisted solutions to help operators make decisions to enhance efficiency for refining processes.
MET Group reaches partnership with Celsius to build LNG vessel
As part of its LNG growth strategy, Swiss-based MET Group has reached a partnership agreement with Celsius to build MET’s first LNG vessel, scheduled to be delivered in 2027.
TÜV Rheinland acquires Safetec Nordic AS
TÜV Rheinland has completed the acquisition of Safetec Nordic AS.
Air Products completes sale of LNG process technology and equipment business to Honeywell
Air Products has completed the sale of its LNG process technology and equipment business to Honeywell for US$1.81 billion in cash.
Woodside completes OCI Clean Ammonia acquisition
Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas, US, from OCI N.V. (together with its affiliates, OCI).
ABS approves ammonia fuel supply system for Nikkiso Clean Energy & Industrial Gases
ABS has issued an Approval in Principle (AiP) for a new ammonia fuel supply system (FSS) from Nikkiso Clean Energy & Industrial Gases, part of Nikkiso Co., Ltd.’s Industrial Division.
EnerMech partners with KENT Energies for FAST project at ExxonMobil's Fawley Petrochemical Complex
EnerMech has become the integrated service contract supplier of choice to KENT Energies Ltd. for ExxonMobil’s new low sulfur diesel facility at its Fawley Petrochemical Complex, located in Hampshire, UK.
Leading innovations in plastic sustainability showcased at this year’s GRIPS
Over 600 delegates attended this year’s Global Research and Innovation in Plastics Sustainability Conference (GRIPS), which showcased the industry’s leading innovations working towards plastic sustainability and circularity.
Air France-KLM ramps up SAF offtake agreement with TotalEnergies
TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million t more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035.
A bumper year for LNG contracting
Daniel Toleman and Kristina Gogoli, Wood Mackenzie, report on how Middle East sellers have captured the market share of LNG and explain why prices are continuing to vary.