Downstream news
MAN Energy Solutions wins German Sustainability Award
At an award ceremony in Düsseldorf on 23 November 2023, MAN Energy Solutions won the 16th German Sustainability Award as one of the winners in the ‘Mechanical and Plant Engineering’ company category.
ABB upgrades Repsol butane plants
Repsol Butano has entered into an agreement with ABB to upgrade its distributed control systems (DCS) at 12 of the energy company’s butane factories across Spain.
India produces first LNG
Galileo Technologies has announced that it has carried out the first production of LNG for Gail in India.
Six things to know before launching an advanced recycling project
Advanced recycling projects can provide solutions for petrochemical companies aiming to meet decarbonisation targets. Chris Ploetz and Kevin Syphard, Burns & McDonnell, USA, outline the most important factors to consider in order to achieve project success.
TechnipFMC to sell measurement solutions business
TechnipFMC plc has announced an agreement to sell the company’s Measurement Solutions business to One Equity Partners for US$205 million in cash.
HAROPA PORT and VERSO ENERGY sign agreement
HAROPA PORT and VERSO ENERGY have signed an agreement for the installation of a plant to produce low-carbon hydrogen and synthetic fuels.
BASF receives funding approval for electrolysis plant
With the approval of funding from the German Federal Ministry for Economic Affairs and Climate Action and the State of Rhineland-Palatinate, BASF has taken a major step in its project aimed at decarbonising the chemical industry.
Quadrise Plc completes demonstration test of biofuels
Quadrise has announced that the industrial demonstration test of MSAR® and bioMSAR™ fuels at a client's site in Morocco has been successfully completed.
BASF signs syndicated bank term loan for Verbund site
BASF has signed a syndicated bank term loan facility with a maturity of 15 years for its new Verbund site in Zhanjiang, China.
Oil and gas industry faces moment of truth
Producers must choose between contributing to a deepening climate crisis, or becoming part of the solution by embracing the shift to clean energy, an IEA special report says.