Downstream news

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.

MAIRE has announced that NEXTCHEM, through its subsidiary NextChem Tech, has been awarded by SOCAR two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil Refinery (HAOR) industrial complex in Baku, Azerbaijan.

Axens has been awarded by Shell Deutschland GmbH the Engineering, Procurement and Fabrication contract to supply electrical tubular heater for Shell’s base oil distillation unit in Wesseling, Germany.

MidOcean Energy and Hunt Oil Company (Hunt) have entered into a definitive agreement whereby MidOcean will acquire an additional 15% interest in Peru LNG (PLNG) from Hunt.

ExxonMobil Basestocks is expanding its service to better meet customer demand for Group I, Group II and Group II+ products by opening a new supply terminal in Dagenham, UK.

MT Group has signed a contract with Danish energy leader Ørsted for the engineering and construction of Balance of Plant (BoP) piping and equipment for a carbon capture facility.