Downstream news
Yokogawa announces distribution agreement with Valin
Yokogawa Corp. of America, a supplier of industrial automation and instrumentation solutions, has announced a distribution agreement with Valin Corporation.
BP ships first cargo from Tangguh LNG facility
The first cargo of LNG produced by the new third liquefaction train at the Tangguh LNG facility has been safely loaded and sailed to be delivered to Indonesia’s state-owned power generator, PT PLN (Persero).
DHL Express and World Energy sign strategic agreement
DHL Express and World Energy have signed a long-term strategic agreement to accelerate the decarbonisation of aviation logistics.
EIA: global gasoline crack spreads fall amid lower US demand
Low gasoline demand and the switch to winter-grade gasoline pushed the spread between gasoline blendstock and crude oil prices to multiyear lows in early October 2023.
Middle East Oil: back to the present
Nancy Yamaguchi, Contributing Editor, discusses why oil producers in the Middle East are aiming to recapture traditional strengths in the oil and gas industry before they look to move beyond fossil energy.
Eni and UK Government agree on terms for CCS business model
Eni has reached an agreement in principle with the UK Government’s Department of Energy Security and Net Zero (DESNZ), on the key terms for the transportation and storage of carbon dioxide at the HyNet North West industrial CCS cluster.
LyondellBasell acquires stake in De Paauw Sustainable Resources
LyondellBasell has announced that it has acquired a 50% stake in Rodepa Vastgoed B.V., the holding company of De Paauw Sustainable Resources (DPSR).
Williams selected to participate in two clean hydrogen hubs
The two hubs were selected to begin award negotiations with the US Department of Energy’s Office of Clean Energy Demonstrations.
Svante and Storegga to collaborate on CCUS projects
Svante and Storegga have signed a Memorandum of Understanding (MoU) to deliver integrated carbon capture, utilisation, and storage (CCUS) projects around the world.
OPEC Secretary General receives highest rank of the Order of Rio Branco
HE Haitham Al Ghais, OPEC Secretary General, has presented with the highest rank of the Order of Rio Branco of the Federative Republic of Brazil in recognition of his achievements in the fields of energy and international cooperation.