Downstream news
Neste and CINEA sign the EU Innovation Fund’s grant agreement for its clean hydrogen project
The EU Fund announced a grant decision of €88 million to Neste’s clean hydrogen project in Porvoo, Finland.
AFPM responds to SPR releases
In response to the Biden Administration’s recent announcement of a release of crude oil from the US Strategic Petroleum Reserve (SPR), the American Fuel & Petrochemical Manufacturers (AFPM) has issued the following statement:
Neste’s divestment of base oils business to Chevron has been completed
The agreement, which was signed in October 2021, has now been approved by regulatory authorities.
Chart Industries wins award
Chart Industries Inc. has been recognised as a winner in the Manufacturing Leadership Council’s 2022 Manufacturing Leadership Awards.
TotalEnergies and Sempra expand strategic alliance
TotalEnergies and Sempra are expanding their North American strategic alliance for the development of LNG exports and renewables.
Chart Industries receives order from Venture Global
Chart Industries has received an order for the production of six brazed aluminium heat exchanger assemblies and cold boxes for Venture Global’s LNG export terminal project.
MCO-I to deliver equipment for Chevron Phillips Chemicals
MCO-I has secured a contract to deliver compressor train equipment for Chevron Phillips Chemicals' new propylene unit in Texas.
API welcomes expansion of US LNG exports
The API has welcomed the establishment of a joint task force to help increase US LNG exports to Europe.
API awards Gold Medal for Distinguished Achievement
The American Petroleum Institute has awarded its Gold Medal for Distinguished Achievement to Gary R. Heminger, former chairman and CEO of Marathon Petroleum Corp.
Vitol’s bunker barges deliver bio-fuel blended VLSFO
V-Bunkers, Vitol’s Singapore bunker operations company, has announced that its barges have recently made several deliveries of bio-fuel blended very low sulfur fuel oil (VLSFO).