Downstream news

NEXTCHEM, through its subsidiary NextChem Tech, has signed a binding term sheet with Sarlux S.r.l. to act as engineering services and technology provider for the implementation of a pilot SAF plant in Italy.

Crowley has accepted delivery of the LNG bunker barge, Progress, the largest US Jones Act-compliant vessel of its kind, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wisconsin, US.

Fortescue and COSCO SHIPPING have signed a non-binding Memorandum of Understanding (MoU) to work together on decarbonising shipping.

Gunvor Group (Gunvor) will join VARO Energy (VARO) in building a large-scale SAF manufacturing facility at the Gunvor Energy Rotterdam site (the Netherlands) through a proposed joint venture (JV).

This partnership aims to accelerate the use of artificial intelligence (AI) to streamline and contextualise data management and asset performance across the oil and gas, energy, petrochemicals, and manufacturing industries.

Clariant, a sustainability focused specialty chemical company, and OMV have announced their intended collaboration for the supply of ethylene with a lower carbon footprint.

Neste will provide up to 1 million gal. (3000 t) of Neste MY Sustainable Aviation Fuel™ to United Airlines for use at Chicago O’Hare International Airport (ORD) in the US through the end of 2024.

The US Energy Information Administration (EIA) reports that US refining capacity increased in 2023 for the second time since the COVID-19 pandemic.

International Airlines Group (IAG) has reached an agreement with Repsol for the purchase and supply during the next six months of more than 28 000 t of sustainable aviation fuel (SAF).

Neste and HELLENiQ ENERGY have collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki, Greece.