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The latest downstream news

Nextchem (MAIRE) awarded new contract in China

MAIRE has announces that Nextchem, through its subsidiary Conser has been awarded licensing, process design package, and technical services for a new plant to produce Trimellitic Anhydride in China.



 

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UAE to leave OPEC

The UAE has announced its decision to exit the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+), effective 1 May 2026.

 
 
 
 
 

KBR announces strategic UK investment in AI

KBR has announced a strategic investment in UK-based Applied Computing, marking a significant step forward in KBR’s AI driven growth strategy. As part of the investment, KBR has also secured a board position in the company.

 

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