Downstream news

ADNOC has signed a long-term Heads of Agreement (LNG agreement) with Indian Oil Corp. Ltd (IndianOil) for the delivery of 1 million tpy of LNG.

The Energy Industries Council is introducing the inaugural Bankable Energies conference, taking place on 26 - 27 February 2025 at the Leonardo Royal Hotel, London Tower Bridge.

Neste has helped ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre providers, to become the first data centre operator in Singapore to power its backup generators with renewable diesel.

ABB's permanent magnet shaft generator technology has been chosen for 15 LNG carriers to be built by Samsung Heavy Industries Co., Ltd.

Infinium and Brookfield Asset Management have announced a strategic funding partnership to accelerate the growth of Infinium’s eFuels platform.

The Board of Directors of MAIRE S.p.A. has approved the corporate report based on the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), marking a significant step towards greater transparency and proactive management of climate-related risks and opportunities.

The US Energy Information Administration (EIA) expects that Brent crude oil prices will return to above US$80/bbl this month, after dipping to US$73/bbl on 6 September.

GREATER MSP Partnership, in collaboration with Bank of America, Delta Air Lines, Ecolab, Xcel Energy and other leading stakeholders have announced major developments toward operating the first large-scale, end-to-end SAF value chain in the US.

Worley will support Shell with the transformation programme at its Energy and Chemicals Park Rheinland, converting the site into a base oil production unit, and enabling the production of renewable hydrogen at the facility.

Operators of offshore, refinery and pipeline equipment are being encouraged to adopt new Artificial Intelligence (AI) technology, which can help reduce time and cost in the general inspection of critical plant and equipment.