Downstream news

Plastic Energy and TotalEnergies sign an agreement for an advanced recycling project in Spain.

TechnipFMC plc has announced the sale of 9 million Technip Energies N.V. shares through private sale transactions.

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 has signed a €45 million loan agreement with the EIB to support its R&D investments in carbon emission reduction technologies.

Johnson Matthey has launched HyCOgen, an enabling technology to efficiently convert CO2 and green hydrogen into sustainable aviation fuel.

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 Inc. has completed the purchase of Kaman Distribution Group for a purchase price of approximately US$1.3 billion in cash.

The EIA reports that crude oil prices increased in 2021 as global crude oil demand outpaced supply.

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 recently worked with Fabri Consulting Engineers to build a containerised gas oil marker additive unit for its client.