Downstream news

The US EIA reports that CO2 emissions from energy consumption in the US fell to the lowest level since 1983 last year.

Created to simplify and optimise business processes for oil storage financing, CALISTA inventory financing is an end-to-end platform that collaborates with various commodity trading companies, banks, and terminals.

ExxonMobil and SABIC have announced that their joint venture, Gulf Coast Growth Ventures, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units.

Tecnimont S.p.A. has been awarded a contract by Repsol for the realisation of a polypropylene unit and a linear polyethylene unit on an EPC lump sum turn-key basis.

Jefferson Energy Companies has entered into a new contract to expand terminal services to ExxonMobil Oil Corp.

BP and Johnson Matthey have partnered with the University of Manchester and Cardiff University on new catalyst technology to help achieve net zero.

Indian Oil Corp. Ltd has announced that it will build India’s first 'green hydrogen' plant at its Mathura refinery.

Eni and the government of Kenya have signed a MoU to promote decarbonisation by strengthening cooperation in the sustainable bio-fuel value chain.

The New Energy Freedom refinery will produce carbon-negative fuel.

Honeywell has announced that its cloud-based Honeywell Enraf Inventory Calculation Module (HEICM) has been integrated into Royal Vopak’s MyService Terminal Management System (TMS).