Downstream news

A.P. Moller – Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee as one of the representatives of the maritime industry for the conversations around green fuels.

Global oil demand is due to rise by almost 2 million bpd in 2024, according to a report by Wood Mackenzie.

NextChem’s subsidiary dedicated to plastic depolymerisation has been pre-selected for the grant agreement preparation related to the 'Innovation Fund 3rd call for Small Scale projects'.

French low-cost carrier, Transavia France, part of the Air France-KLM Group, has taken delivery of its first A320neo, on lease from Avolon, from Airbus manufacturing site in Toulouse.

Encountercare Solutions, through its wholly owned subsidiary, CyberFuels, Inc., has closed on the purchase of over 71 acres of land and waterways for its new green energy campus.

The American Petroleum Institute (API) has released a statement after the US Environmental Protection Agency (EPA) unveiled a proposed rule to establish a fee on methane emissions.

Essar Oil UK Limited has selected Belco Technologies Corp. to provide a gas cleaning system as part of the EET industrial carbon capture plant at the Stanlow refinery.

Lummus Technology has announced an award from Saudi Ethylene and Polyethylene Co. (SEPC) for the design and supply of two Short Residence Time ethylene heaters.

Barclays is establishing a new energy transition group within its corporate and investment bank to support clients on the path to net zero.

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement (HOA) with EQT for natural gas liquefaction services.