Downstream news
BP to acquire GETEC ENERGIE GmbH
BP has agreed to acquire GETEC ENERGIE GmbH, an independent supplier of energy to commercial and industrial (C&I) customers in Germany.
Calmer waters, but risk of a coming storm
Last year proved the power of global markets. Alan Gelder, Wood Mackenzie, UK, presents the company’s refining, petrochemicals and oil market outlook for the new year ahead.
Dangote refinery starts production
The Dangote petroleum refinery has commenced production of diesel and aviation fuel.
Denmark announces alliance on green fuels in India
A.P. Moller – Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee as one of the representatives of the maritime industry for the conversations around green fuels.
Oil demand to continue to set records in 2024
Global oil demand is due to rise by almost 2 million bpd in 2024, according to a report by Wood Mackenzie.
NextChem selected for grant agreement under EU innovation fund
NextChem’s subsidiary dedicated to plastic depolymerisation has been pre-selected for the grant agreement preparation related to the 'Innovation Fund 3rd call for Small Scale projects'.
Transavia France takes delivery of its first A320neo
French low-cost carrier, Transavia France, part of the Air France-KLM Group, has taken delivery of its first A320neo, on lease from Avolon, from Airbus manufacturing site in Toulouse.
CyberFuels Inc. completes land purchase for green energy campus
Encountercare Solutions, through its wholly owned subsidiary, CyberFuels, Inc., has closed on the purchase of over 71 acres of land and waterways for its new green energy campus.
API calls on Congress to repeal IRA’s methane fee
The American Petroleum Institute (API) has released a statement after the US Environmental Protection Agency (EPA) unveiled a proposed rule to establish a fee on methane emissions.
Essar Stanlow selects BELCO® technology for carbon capture feed gas conditioning
Essar Oil UK Limited has selected Belco Technologies Corp. to provide a gas cleaning system as part of the EET industrial carbon capture plant at the Stanlow refinery.