Europe downstream news

HyNet North West has received £72 million in funding from the UK government to help transition the country to ‘net zero’ greenhouse gas emissions by 2050.

PKN ORLEN has signed an oil supply contract with Rosneft, with the monthly contract volume amounting to 300 000 t of oil.

MOL Group has become a biofuel producer through the realisation of its investment in the Danube refinery.

Neste has selected Rotterdam, the Netherlands, as a location for its possible next world scale renewable products refinery.

Greek construction company TERNA S.A. has awarded MAN Energy Solutions the contract for the engineering of, and supplying services to, an LNG truck-loading infrastructure project.

Petrobras will carry out works at the Duque de Caxias refinery (Reduc) to adapt the Hydrotreatment Unit (HDT) for diesel and QAV. 

Neste Corp., has completed the acquisition of Bunge Loders Croklaan’s refinery plant in Rotterdam, the Netherlands.

The Prax Group has completed a supply arrangement to purchase crude oil and refinery feedstocks from Trafigura for all of its requirements for the Prax Lindsey oil refinery, UK.

The Vivergo Fuels site in Hull, UK, is to re-open following an announcement by the Department for Transport that E10 petrol will be introduced at pumps in the UK from September.

Through the addition of EPS Customer Solutions, Becht is establishing a broader physical presence in the EMEA region in order to provide support for the refining and petrochemical industries.