Downstream news

During its Energy Transition Spotlight, Chevron Corp. announced plans to invest more capital to grow lower carbon energy businesses.

bp and Brightmark have signed an MOU to jointly evaluate opportunities for development of the next generation of plastic waste renewal plants in Germany, the Netherlands, and Belgium.

bp, together with Macquarie Capital, is undertaking a feasibility study into the production of green hydrogen at its Kwinana site in Western Australia.

The US Energy Information Administration (EIA) recently released its three annual plant production capacity reports, providing estimates of plant production capacity for the US biofuels industry.

Kinder Morgan is partnering with Neste to create a premier domestic raw material storage and logistics hub in the US, supporting increased production of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals.

Chevron has joined a hydrogen joint venture with Magnum Development and Mitsubishi Power to produce, store and transport green hydrogen at utility scale for power generation, transportation and industrial applications in the western US.

The Environmental Partnership has released its third annual report highlighting the industry’s progress in reducing flaring.

Shell has announced more than $5 million in support for hurricane Ida relief efforts.

The companies have signed a letter of intent to build and operate new sustainable aviation fuel production facilities.

Chevron U.S.A. Inc. and Mercuria have signed a joint venture to own and operate American Natural Gas LLC and its network of 60 CNG stations across the US.