Downstream news

Baker Hughes has been awarded a significant gas technology scope for Phase 3 of Saudi Arabia’s Master Gas System.

Texas LNG, a subsidiary of Glenfarne Energy Transition, LLC, has signed a second Heads of Agreement (HOA) with EQT Corp. for natural gas liquefaction services for an additional 1.5 million tpy of LNG over 20 years.

The Research Council of Norway has unveiled plans to invest 180 million NOK in the establishment of a research centre dedicated to carbon capture, transport, and storage (CCS) technology.

KBR has announced that it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's phenol technology in China.

Neste and New Jersey Natural Gas (NJNG), the principal subsidiary of New Jersey Resources, are looking to reduce greenhouse gas (GHG) emissions with Neste MY Renewable Diesel™.

The US EIA forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.

The ambition of the Marsa LNG project is to serve as the first LNG bunkering hub in the Middle East.

The transaction allows NextChem Tech to increase its interest from 51% to 85% of the share capital of both companies.

In the processing run, Neste produced high-quality raw material for new plastics and chemicals.

Fluor provided engineering and procurement (EP) services to convert an idled petroleum refinery into a modern facility that produces renewable diesel fuel from soybean oil.