Downstream news

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.

Lhyfe and Fives have announced the signing of a Memorandum of Understanding (MoU) to provide a complete decarbonised offer for industry, from hydrogen production to combustion.

MOGAS Industries has been awarded a multimillion-dollar contract for the South Korean S-Oil Shaheen project for the first-ever commercialisation of Thermal Crude to Chemicals (TC2C™) technology.

Shell Canada Products, a subsidiary of Shell plc, has announced the Final Investment Decision (FID) for Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada.

Neste has welcomed the French government's decision to approve the sales of transport fuels from 100% renewable raw materials, such as renewable diesel (also known as HVO100) at fuel stations.

Baker Hughes has been awarded a multi-year services frame agreement by Woodside Energy to support Australian LNG operations.