Downstream news

DNV has validated the methodology developed and used by Carbon8, a cleantech company specialising in helping hard-to-abate industries reduce carbon emissions.

Swiss-based MET Group has entered into a long-term free-on-board (FOB) LNG purchase agreement, by signing a 10-year agreement with Shell.

Yanmar Energy Systems Co., Ltd. and Daigas Energy Co., Ltd. have successfully conducted a demonstration test blending 30% hydrogen fuel by volume into municipal gas using an EP400G municipal gas-fired cogeneration system manufactured by Yanmar ES.

Yokogawa Electric Corp. has been recognised as a leader in the Green Quadrant Asset Performance Management (APM) Solutions 2024 report prepared by Verdantix, an independent research and advisory firm.

The US Energy Information Administration (EIA) reports that annual jet fuel consumption in the US grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019.

ADNOC has signed a general agreement with the Japan Bank for International Cooperation (JBIC) for a US$3 billion green financing facility.

The project evolves ABB’s Distributed Control System (DCS) from a legacy version, Advant MOD 300, to the new AC 800M, extending the plant’s life, as well as improving performance, availability and reliability.

Information Services Group (ISG) has launched a research study examining services and solutions providers helping oil and gas companies digitally transform to improve operational efficiency and prepare for future energy needs.

TotalEnergies and SLB are joining forces to develop innovative subsurface digital solutions and contribute to more sustainable hydrocarbon production.

A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fibre.