Europe downstream news

Port Esbjerg and Honeywell are working together on a climate co-operation designed to help reduce carbon emissions at the Danish port by 70% by 2030 in line with the country’s climate target.

After delays due to the COVID-19 pandemic, the Porvoo refinery, Finland, is preparing to execute a major turnaround starting in April 2021.

Clariant has announced that it has officially joined the EU ‘Circular Plastics Alliance’.

Petrobras has approved the sale of its Landulpho Alves refinery (RLAM) in São Francisco do Conde, Bahia, Brazil, and its associated logistical assets for Mubadala Capital for the amount of US$1.65 billion.

INEOS Energy has agreed to sell its Norwegian oil and gas business to PGNiG for US$615 million.

bp has announced that it is developing plans for the UK’s largest blue hydrogen production facility, targeting 1 GW of hydrogen production by 2030.

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.