Downstream news
Predictive maintenance plays crucial role in oil and gas industry
A new report from GlobalData explores the use of predictive maintenance technologies in the oil and gas industry.
Argus launches daily German HVO prices
Argus has launched three regional prices of hydrotreated vegetable oil (HVO) to bring new transparency to the value of downstream HVO.
Yokogawa and TIM Solution ink global partnership
Yokogawa Electric Corp. has entered into a partnership with TIM Solution.
Repsol to exceed 600 service stations with renewable fuel in 2024
Repsol will exceed 600 service stations supplying 100% renewable fuel by the end of 2024.
M2X and SCGC partner to reduce methane emissions
M2X Energy and SCG Chemicals (SCGC) have strengthened their existing relationship by announcing a joint development programme to optimise key chemical transformations within M2X’s modular process.
Asian LNG demand expected to increase in 2024
Wood Mackenzie forecasts that Asian LNG demand will increase by 5% this year, following a 2% growth in 2023.
EIA expects average US gasoline and diesel prices to decrease in 2024 and 2025
The US Energy Information Administration (EIA) expects average US retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity.
Woodside and Rice University partner on decarbonisation
Rice University and Woodside Energy has announced a ground-breaking five-year technology collaboration aimed at reducing greenhouse gas emissions and providing lower carbon solutions.
Neste and partner companies conclude e-fuel research project
Neste and partner companies have concluded an e-fuel research project, showcasing progress in the development of electrofuels.
HPCL awards CLG new licensing contract
Chevron Lummus Global (CLG) has been awarded a new licensing contract for HPCL's integrated hydrocracker and catalytic dewaxing unit.