Downstream news

Aramco has agreed to purchase a 100% equity stake in Esmax Distribusción SpA (Esmax), a downstream fuels retailer in Chile.

Use of energy for transportation remained low in the US during 2021 compared with pre-pandemic levels and only increased in 12 states.

This acquisition aligns with Fives' strategy to develop digital tools for a more efficient and sustainable industry.

ChemOne Group has announced engineering-driven improvements at its Pengerang Energy Complex.

ConocoPhillips has announced further progress on its global LNG strategy, signing a commercial agreement to secure additional regasification capacity in Europe.

North America is set to lead the global ammonia industry capacity additions with a share of 37% by 2030, according to GlobalData.

As part of the drive to decarbonise its European refineries, TotalEnergies is launching a call for tenders for the supply of 500 000 tpy of green hydrogen.

Cemvita Corp. has announced an offtake arrangement with United Airlines for up to 1 billion gal of sustainable aviation fuel (SAF) from Cemvita’s first full-scale SAF plant.

LG Chem and Eni Sustainable Mobility have announced that they are exploring the possibility to develop and operate a new biorefinery at LG Chem’s Daesan chemical complex, South Korea.

TotalEnergies and Air Liquide have signed an agreement for the long-term supply of green and low-carbon hydrogen to the TotalEnergies refining and petrochemical platform in Normandy, France.