Downstream news

Nancy Yamaguchi, Contributing Editor, discusses why oil producers in the Middle East are aiming to recapture traditional strengths in the oil and gas industry before they look to move beyond fossil energy.

Eni has reached an agreement in principle with the UK Government’s Department of Energy Security and Net Zero (DESNZ), on the key terms for the transportation and storage of carbon dioxide at the HyNet North West industrial CCS cluster.

LyondellBasell has announced that it has acquired a 50% stake in Rodepa Vastgoed B.V., the holding company of De Paauw Sustainable Resources (DPSR).

The two hubs were selected to begin award negotiations with the US Department of Energy’s Office of Clean Energy Demonstrations.

Svante and Storegga have signed a Memorandum of Understanding (MoU) to deliver integrated carbon capture, utilisation, and storage (CCUS) projects around the world.

HE Haitham Al Ghais, OPEC Secretary General, has presented with the highest rank of the Order of Rio Branco of the Federative Republic of Brazil in recognition of his achievements in the fields of energy and international cooperation.

Unipar is modernising its chlor-alkali plant at the Cubatão plant in Brazil by incorporating thyssenkrupp nucera electrolysers.

BASF has announced that it has expanded capacities for ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium.

UPM Biochemicals has selected Dongsung Chemical as the sole distributor of its bio-monoethylene glycol (BioMEG) in Korea.

Vertex Energy has announced that it has formally named BofA Securities, Inc. (BofA) as Vertex’s strategic financial advisor to assist with the company's renewable fuels and sustainable products growth strategy.