Downstream news

Axens has been tapped for three new Vegan® licenses by Galp, LOKEN and SAFCO Ventures, for SAF and renewable diesel production.

Phillips 66 has made plans to grow its Permian business with EPIC NGL acquisition.

Navigator Gas further announces an agreement to acquire three handysize ethylene carriers for a total purchase price of US$83.9 million, complementing the increased export capacity from the Export Terminal Joint Venture.

FS-Elliott Co. LLC has announced the launch of its expanded line of FSE-TurboCool premium lubricants and additives.

MAIRE has announced that NEXTCHEM S.p.A. has signed a new €125 million loan agreement, strengthening its funding power to support investments in technological innovation and R&D.

Japan is falling short of its ambitious renewable energy targets, according to analysis from Cornwall Insight.

Chingis Idrissov, Senior Technology Analyst at IDTechEx, discusses how e-fuels are emerging as a strategic solution in the energy transition, particularly for sectors facing significant barriers to direct electrification.

Power2X has announced a strategic collaboration with Honeywell to implement Honeywell UOP’s eFiningTM methanol-to-jet processing technology in Power2X’s eFuels Rotterdam project.

Neste and Air New Zealand have signed an agreement for the supply of 23 000 t of neat, unblended Neste MY Sustainable Aviation Fuel™.

Vitol B.V. (Vitol) has entered into a conditional agreement to acquire a controlling interest in Waste Plastic Upcycling A/S (WPU).