Environment & Safety
Spain's Repsol sells 25% of oil and gas unit to EIG for $4.8 B
Repsol is selling a 25% stake in its oil and gas exploration division to U.S. fund EIG for $4.8 B, building up a warchest for renewables projects as the energy industry moves to a lower-carbon future.
BASF and Samsung Heavy Industries collaborate on CCS onboard maritime vessels
BASF and Samsung Heavy Industries Co., Ltd. will carry out a collaborative feasibility assessment of capturing CO2 onboard maritime vessels using BASF’s OASE blue technology for flue gas applications.
Chevron New Energies, Crowley lead first close of Series A funding round for Zero Emissions Industries
The new funds are expected to enable ZEI to roll out their next generation fully integrated marine power system and scale quickly to meet the demand within the maritime industry for their zero emission propulsion solutions.
Imperial advances renewable diesel plans, awards hydrogen contract to Air Products
Imperial announced a long-term contract with Air Products to supply low-carbon hydrogen for Imperial’s proposed renewable diesel complex at its Strathcona refinery near Edmonton, Alberta.
Lummus accelerates CO2 reduction goals through air preheater innovation
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced major advancements to the Lummus External Air Preheater (LEAP) technology.
DORIS and Axens signed a MoU for CCUS services
DORIS and Axens have entered in a partnership to jointly develop integrated CCUS services. The main objective of this collaboration is to provide consulting, engineering and EPCm services for CCUS projects based on Axens technologies.
Enviva, Alder strike deal on biomass for SAF
Enviva and privately held Alder Fuels have agreed to partner on the long-term supply of biomass byproducts from timber for making a biofuel for aviation, a key part of cutting carbon emissions from air travel.
The downstream rundown: In case you missed it 09/02
In case you missed any downstream news, here are the top stories from last week. These articles include announcements from BASF, Shell, Axens, Petronas and many more. Keep up to date with the latest industry news.
Delta, DG Fuels partner to expand SAF market
Under a new agreement, the low-emissions fuel company plans to establish a new SAF supply stream that could provide Delta with 385 MM gallons of unblended sustainable aviation fuel, while helping to expand availability of SAF in the underserved marketplace.
The downstream rundown: In case you missed it 08/26
In case you missed any downstream news, here are the top stories from last week.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
