Downstream news
TechnipFMC announces sale of stake in Technip Energies N.V.
TechnipFMC plc has announced the sale of 9 million Technip Energies N.V. shares through private sale transactions.
Lanaz to use Honeywell technology to modernise refinery in Iraq
Lanaz will use Honeywell UOP modular naphtha hydrotreating and fixed-bed platforming process units to produce cleaner-burning fuels at its refinery in Iraq.
Haldor Topsoe signs funding deal with EIB to drive green energy transition
Haldor Topsoe has signed a €45 million loan agreement with the EIB to support its R&D investments in carbon emission reduction technologies.
Johnson Matthey launches SAF-enabling technology
Johnson Matthey has launched HyCOgen, an enabling technology to efficiently convert CO2 and green hydrogen into sustainable aviation fuel.
Endress+Hauser bundles analysis expertise
The Endress+Hauser subsidiaries SpectraSensors Inc. and Kaiser Optical Systems Inc. have joined forces to form a new company: Endress+Hauser Optical Analysis Inc.
Motion Industries acquires KDG
Motion Industries Inc. has completed the purchase of Kaman Distribution Group for a purchase price of approximately US$1.3 billion in cash.
Crude oil prices increased last year
The EIA reports that crude oil prices increased in 2021 as global crude oil demand outpaced supply.
Flowmeters vital to oil and gas industry recovery
A recent study from Flow Research finds that flowmeters will be vital for oil and gas industry measurement as the industry rebounds.
XL Global Group provide turn-key solution
XL Global Group recently worked with Fabri Consulting Engineers to build a containerised gas oil marker additive unit for its client.
Chart confirms a number of orders
Chart Industries was awarded four hydrogen and small scale LNG liquefaction orders in late December 2021.