Downstream news

The US Energy Information Administration reports that global refinery margins, measured by the 3:2:1 crack spread, have been less than their five-year (2019 - 23) averages since the spring and dropped even more in the late summer and early fall.

Honeywell has announced that the St1 refinery has started using Honeywell’s EcofiningTM technology to produce sustainable aviation fuel (SAF).

UNICAT has partnered with an international specialist to offer innovative ‘world-leading knowledge’ in design and build of ‘high-purity hydrogen’ producing PSA systems.

Baker Hughes and Repsol have announced a new agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) capabilities through the Leucipa™ automated field production solution.

Kinaxis® has announced a co-development deal with ExxonMobil to create supply chain technology solutions designed specifically for the energy sector.

Clariant has hosted a Memorandum of Understanding (MoU) signing ceremony with DS Dansuk at its Pohang production site in Korea to mark the commissioning of its Tonsil RNF series of high performing adsorbent.

TotalEnergies has signed a charter contract with Spanish shipowner, Ibaizabal, for a new LNG bunker vessel.

NEXTCHEM, through its subsidiary KT Tech, has been awarded by Binh Son Refining and Petrochemical Joint Stock Co. (BSR) the licensing and the process design package (PDP) for a new hydrogen production unit.

INEOS Energy has announced the start-up of the electric-driven compressor at the Teesside Gas Processing Plant, which will significantly boost gas flows from the INEOS Operated Breagh Gas Field.

Honeywell and Qualcomm Technologies, Inc. have announced an expanded collaboration to develop new artificial intelligence (AI)-enabled solutions for the energy sector.