Downstream news

Air Products has completed the sale of its LNG process technology and equipment business to Honeywell for US$1.81 billion in cash.

Woodside has completed the acquisition of 100% of OCI Clean Ammonia Holding B.V., which holds its lower carbon ammonia project in Texas, US, from OCI N.V. (together with its affiliates, OCI).

ABS has issued an Approval in Principle (AiP) for a new ammonia fuel supply system (FSS) from Nikkiso Clean Energy & Industrial Gases, part of Nikkiso Co., Ltd.’s Industrial Division.

EnerMech has become the integrated service contract supplier of choice to KENT Energies Ltd. for ExxonMobil’s new low sulfur diesel facility at its Fawley Petrochemical Complex, located in Hampshire, UK.

Over 600 delegates attended this year’s Global Research and Innovation in Plastics Sustainability Conference (GRIPS), which showcased the industry’s leading innovations working towards plastic sustainability and circularity.

TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million t more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035.

Daniel Toleman and Kristina Gogoli, Wood Mackenzie, report on how Middle East sellers have captured the market share of LNG and explain why prices are continuing to vary.

KTJV, a KBR joint venture, has been selected for the Lake Charles LNG transformation project.

More jet fuel has been in US West Coast inventories than over the previous five years for 29 out of 35 weeks so far in 2024, according to the US Energy Information Administration's (EIA) Weekly Petroleum Status Report (WPSR).

KBC (A Yokogawa Company) has announced its acquisition of Flaretot® Ltd, a leading simulation software provider specialising in the design and evaluation of flare systems for hydrocarbon processing plants.