Downstream news
Woodside and BHP Group sign merger agreement
The companies have signed an agreement for the merger of BHP Group’s oil and gas portfolio with Woodside.
SLNG publishes Sustainability Report
Singapore LNG Corp. Pte Ltd (SLNG) has published its first voluntary Sustainability Report for its last Financial Year 2020.
Eni and BF Group partner up
The companies have partnered up to develop sustainable agricultural products for biofuel production.
Fortress Transportation and Infrastructure Investors inks JV with Clean Planet Energy
Fortress Transportation and Infrastructure Investors partners with Clean Planet Energy to develop waste plastic recycling and circular-fuel production facilities across North America.
EIA forecasts decline in crude oil prices
The EIA forecasts that rising production from OPEC+ countries and the US will lead to global liquid fuels inventories increasing and crude oil prices falling in 2022.
TechnipFMC and Petronas to commercialise gas processing technology
TechnipFMC and Petronas have entered into an agreement to commercialise a unique natural gas processing membrane which reduces greenhouse gas emissions.
Rosneft acquires share in PCK refinery
Rosneft has exercised the pre-emption right for a 37.5% share of the PCK refinery from Shell.
GHG reporting methodology for LNG cargoes launched
Pavilion Energy, QatarEnergy, and Chevron have announced the launch of a greenhouse gas reporting methodology for delivered LNG cargoes.
GIIGNL launches framework
The International Group of Liquefied Natural Gas Importers has released a framework for transparent emissions reporting and neutrality declarations.
Technip Energies and Petronas join forces
Technip Energies and Petronas have signed a heads of agreement establishing a strategic collaboration framework for the further development and commercialisation of carbon capture technologies.