Downstream news

KBR’s Paul Bansil has outlined five major trends that will shape how oil and gas operators navigate the year ahead, as project developers allocate capital more selectively, face growing regulatory scrutiny, and tackle decarbonisation.

The IEA has predicted that rapid expansion of LNG supply, mostly from North America, is expected to reduce market pressures at a time of heightened geopolitical uncertainty.

CF Industries Holdings Inc., Trafigura, and TFG Marine have announced the signing of a memorandum of understanding (MoU) to facilitate the adoption of low-carbon ammonia as a marine fuel.

The American Petroleum Institute (API) has called for swift congressional action on year-round E15 and refinery certainty.

Grand Port Maritime de Dunkerque has selected Tepsa following an expression of interest (EOI) for the part of the former SRD refinery brownfield site, France.

Perpetual Next USA is set to develop an additional three biomass-to-biomethanol production facilities in the Southeastern US, with each facility designed to process approximately 1 million tpy of sustainably sourced biomass feedstock.

Yokogawa has announced that it has increased its investment in Semantum Oy, a company that provides digital solutions in areas such as industrial plant data modelling, simulation, optimisation, and engineering automation.

Lummus Technology has announced a strategic investment in InnoVent Renewables to accelerate deployment of its proprietary tyre recycling technology.

Shell Polymers has introduced its new line of Advanced Chrome Catalyst grades, produced using gas-phase chrome catalyst technology.

Port of Gävle has signed a new 25-year agreement with Inter Terminals, increasing long-term stability and Inter Terminals transition towards fossil-free operations through the storage of SAF at the Port of Gävle, Sweden.