Downstream news

An independent study commissioned by Ithaca Energy and endorsed by OEUK shows that 65% of UK crude production ultimately serves UK market through European refining network, Wood Mackenzie analysis reveals.

INEOS has announced a €250 million investment programme to regenerate and modernise its cracker at Lavera, France, as part of a move to secure the future of one of the nation’s most important industrial sites.

ExxonMobil and BASF have formed a strategic collaboration to advance the development of low-emission hydrogen through methane pyrolysis technology.

Aramco has announced 17 memoranda of understanding (MoUs) and agreements with a potential total value of more than US$30 billion with major companies in the US, through its Aramco Group Companies.

DIALOG Group has announced the expansion of Phase 3 of the Pengerang Deepwater Terminals (PDT) in Pengerang, Johor, southeastern Malaysia.

Ducor Petrochemicals and Blue Circle Olefins have signed an agreement with the aim to produce and co-market segregated bio-polypropylene and carbon recycled polypropylene.

KBC (A Yokogawa Company) has announced the launch of Visual MESA® Energy Management System (EMS) version 7.3, an advanced real-time, model-based, energy digital twin suite of applications.

Alaska LNG, majority owned and developed by Glenfarne Alaska LNG, LLC (Glenfarne), and Baker Hughes have announced a strategic alliance to advance the Alaska LNG Project, US.

Mitsubishi Heavy Industries Compressor International Corp. (MCO-I) has been awarded a contract by ExxonMobil to supply a footprint replacement steam turbine for its olefins plant in Baton Rouge, Louisiana, US.

Clariant has announced that it has signed a 10-year agreement with SECCO Petrochemicals to provide CLARITY Prime digital services at its ethylene plant in Shanghai, China.