Downstream news

BP has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner.

Worley has received full notice to proceed from Venture Global under its reimbursable engineering, procurement and construction (EPC) contract for the second phase of its CP2 project.

Ebara Elliott Energy and NuScale Power Corp. (NuScale) have announced a collaborative research programme to demonstrate and field test a commercial scale high-temperature steam compressor to integrate NuScale Power Modules™ (NPM) with petrochemical plants needing process heat.

Abundia has announced that it has entered a multi-project licensing agreement with Topsoe to deploy its HydroFlex® technology for the upgrading process at Abundia's waste-plastics-to-renewable products recycling facility in Baytown, Texas, US.

TwinThread has announced the release of Perfect Batch, an AI-powered manufacturing analytics solution designed to optimise batch production processes by empowering manufacturers to standardise and consistently replicate their best performing or ‘golden batches.’

Technip Energies has signed an agreement with Verso Energy to acquire a minority equity stake in the DEZiR project, an eSAF plant located in Rouen, France.

JERA Co., Inc. has signed a memorandum of understanding with Korea Gas Corp. with the aim of strengthening energy security in Japan and the Republic of Korea.

Neste has commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland, with a €111 million investment that marks a major milestone in the scale-up of chemical recycling

Chevron Lummus Global announced the addition of Fischer-Tropsch liquid upgrading solutions to its portfolio, enabling the company to license and deliver technologies for converting FT-derived liquids from a variety of feedstocks.

Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam.