Downstream news

Raven SR and Chart Industries have agreed to collaborate globally on hydrogen and carbon capture storage.

The modernised Fergana oil refinery has increased its production of gasoline by more than 50%.

The rating puts INEOS into the top 8% of companies in the sector demonstrating an advanced management system in terms of environment issues, ethics, labour and human rights, and sustainable procurement.

Shandong Yulong Petrochemical Co. Ltd has selected EST, which Chevron Lummus Global licenses, for a slurry residue hydrocracking unit in Shandong Province, China.

Technip Energies awarded a proprietary equipment contract by Chevron Phillips Chemical and QatarEnergy for the Golden Triangle Polymers ethane cracker.

LyondellBasell has announced that it will increase its 2030 greenhouse gas emissions reduction target for scope 1 and scope 2 emissions from 30% to 42%, relative to a 2020 baseline.

CITGO Petroleum Corp. has joined the US Environmental Protection Agency's ENERGY STAR programme as an ENERGY STAR Partner.

Lummus Technology has announced that its licensed crude-to-chemicals technology will move forward in its first commercial deployment through S-Oil's Shaheen Project in South Korea.

The Saudi Arabian Oil Company (Aramco) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia.

Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel, jet fuel, and naphtha, reached multiyear highs this summer, reports the EIA.