Downstream news
Yokogawa releases OpreX Intelligent Manufacturing Hub
Yokogawa Electric Corp. has announced the global release in all markets other than Japan of the OpreX™ Intelligent Manufacturing Hub.
BASF inaugurates new plant for alkyl ethanolamines at its Antwerp Verbund site
BASF has inaugurated a new world-scale production plant for alkyl ethanolamines at its Verbund site in Antwerp, Belgium.
KBR's ROSE technology selected by Zhejiang Petroleum for the largest SDA unit in China
KBR has been awarded a contract for its ROSE® supercritical solvent de-asphalting (SDA) technology from Zhejiang Petroleum & Chemical Co. Ltd. (ZPC), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.
ADNOC signs Heads of Agreement with IndianOil for Ruwais LNG Project
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.
EIC launches global forum to drive investment in the energy transition
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 helps ST Telemedia Global Data Centres to power backup generators with renewable diesel
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 permanent magnet shaft generator technology to power 15 LNG carriers
ABB's permanent magnet shaft generator technology has been chosen for 15 LNG carriers to be built by Samsung Heavy Industries Co., Ltd.
Brookfield to invest up to US$1.1 billion in Infinium to scale ultra-low carbon eFuels
Infinium and Brookfield Asset Management have announced a strategic funding partnership to accelerate the growth of Infinium’s eFuels platform.
MAIRE approves its climate-related financial disclosures report
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.
EIA expects oil prices to increase despite concerns over economic growth and petroleum demand
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.