Downstream news

The EIA reports that on 20 November 2023, the regular gasoline retail price averaged US$3.29/gal across the US, 10% less than the same time in 2022.

Emirates has become the first airline to operate an Airbus A380 demonstration flight with one of the aircraft’s four engines powered with Neste’s sustainable aviation fuel (SAF).

Analysis from McKinsey & Company’s 2023 Global Energy Perspective shows that tackling energy transition technology bottlenecks with substitute materials, innovation, infrastructure build out and regulation will be crucial to achieving net zero targets.

Shell and Rotterdam The Hague Airport (RTHA) have signed a long-term agreement to blend sustainable aviation fuel (SAF) on all aircraft fuelled at the airport, starting in 2024.

Pratt & Whitney Canada and Gulfstream Aerospace Corp. have announced the successful completion of the first transatlantic flight using sustainable aviation fuel (SAF).

According to new analysis by the Boston Consulting Group (BCG), closing the US$18 trillion gap to fund the green energy transition through 2030 is being slowed by negative investment conditions.

Neste and Hightowers Petroleum, a wholesale fuel supplier serving customers in the Midwest US, have formed a strategic partnership to offer Neste MY Renewable Diesel™.

Clariant has been awarded a major contract by Jiangsu Shenghong Petrochemical Co., Ltd, to use Clariant’s SynDane 3142 LA catalyst for its biodegradable plastics project.

ADNOC and Santos have announced the signing of a strategic collaboration agreement to work towards the establishment of a global carbon management platform.

Project Speedbird – a partnership between LanzaJet, British Airways, and Nova Pangaea Technologies – has secured a total of £9 million from the UK government's Advanced Fuels Fund (AFF) competition.