Downstream news

Black & Veatch has announced a collaboration agreement with Baker Hughes at ADIPEC 2024 on a standard LNG solution utilising PRICO® technology.

Neste, Alterra and Technip Energies have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardised technology solution for chemical recycling.

As part of its strategy to grow its LNG business, TotalEnergies has announced the signing of a sales agreement (HoA) with Sinopec for the delivery of 2 million tpy of LNG for 15 years, starting in 2028.

The US Energy Information Administration has reported that US exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million t in 2023, up 135% since the US began exporting ethane in 2014 and 17% more than in 2022, according to data from the US Census Bureau.

Carbon Clean has announced the launch of its carbon capture technology, the CycloneCC C1 series, marking the penultimate stage in the technology’s commercialisation

Wood has been awarded a FEED contract for cleaner, increased fuel production at the Dung Quat Oil Refinery.

Woodside has announced the completion of the sale of a 15.1% non-operating participating interest in the Scarborough Joint Venture to JERA.

The package offers a solution for oxygen and moisture removal, ensuring gas purity and compliance with stringent industry standards.

WPC Energy, the World Forum for Energy Transformation, has announced the appointment of Burcu Canci Gunal as Director General (CEO), effective 1 January 2025.

The US Energy Information Administration (EIA) reports that US ethane production increased steadily over the last decade and reached a record of 3 million bpd in May 2024.