Downstream news

TotalEnergies and Technip Energies signed a technical cooperation agreement to jointly develop low-carbon solutions for LNG production and offshore facilities to accelerate the energy transition.

NEUMAN & ESSER is expanding its portfolio as a solution provider for ‘green gases’.

Trinidad Petroleum Holdings Ltd (TPHL) has commenced a broad-based process for a transaction involving the Guaracara Refining Co. Ltd's refining assets, and the restart of the refinery.

Haldor Topsoe has described the introduction of the system as a ‘key milestone’ in its digital transformation.

McKinsey & Co. predicts that demand for light product, which largely drives refining utilisation, will plateau by the mid-2020s – even in the case of a delayed energy transition.

ProSep has secured two multi-million-dollar contracts that will lower the use of harmful chemicals in gas oil separation plants in the middle east.

JANAF Plc. has concluded contracts for transport of crude oil and storage of petroleum products with INA d.d.

Excelerate Energy, Snam and Albgaz have signed a MoU to explore potential cooperation for the construction of a natural gas pipeline.

McDermott has been selected by LACC to provide engineering, procurement and construction for a seventh heater addition to its LACC ethane cracker facility in Westlake, Los Angeles, US.

Members of OPEC+ have agreed to increase their output, with the aim of reducing prices.