Downstream news
EIA: production cuts drive sour crude price increases
Production cuts among OPEC+ members are limiting availability of medium and heavy sour grades of crude oil and contributing to higher relative prices for these grades, reversing typical price relationships.
Lummus launches ethanol-based sustainable aviation fuel technology
Lummus Technology has announced the commercial availability of its ethanol to sustainable aviation fuel (SAF) process technology.
LR and COSCO join forces on LNG fleet decarbonisation pathway project
Lloyd’s Register and COSCO intend to join forces to assess the decarbonisation pathway for COSCO Shipping’s existing LNG carrier fleet.
AI must gain trust of the energy sector
The energy sector must overcome a lack of trust in artificial intelligence (AI) before the technology can be effectively used to accelerate the energy transition, a DNV report has found.
ADNOC to invest in carbon capture projects in MENA
ADNOC has announced a final investment decision (FID) to develop one of the largest carbon capture projects in the Middle East and North Africa (MENA) region.
VARO announce plan to build major SAF manufacturing facility
VARO Energy has announced the construction of a large-scale sustainable aviation fuel (SAF) manufacturing facility at the Gunvor Energy Rotterdam site, the Netherlands.
AVEVA receive award at Downstream India Excellence Awards 2023
AVEVA has been recognised as ‘Digital Partner of the Year’ at the 4th Edition of Downstream India Excellence Awards 2023 in New Delhi.
Cybersecurity: a life cycle, not a destination
Tim Gale, 1898 & Co., USA, explores how a broader cybersecurity programme is required to protect critical process control and safety systems in the oil and gas industry.
BP enters third long-term LNG offtake contract from Woodfibre’s British Columbia LNG facility
BP has entered its third long-term LNG offtake contract from the Woodfibre LNG facility based in British Columbia, Canada.
Technip Energies to utilise Casale's ATR technology
Technip Energies, in partnership with Casale, has added advanced auto thermal reforming (ATR) technology to Blue H2 by T.EN™, its unique suite of fully integrated, low-carbon hydrogen solutions.