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Downstream news updates

Wood Mackenzie cuts Brent forecast following US-Iran MoU

Wood Mackenzie has forecasted Brent averaging US$78/bbl in 2027 and potentially easing to US$70/bbl by 4Q27, following a US-Iran MoU that has shifted market sentiment away from a prolonged Strait of Hormuz closure.

 

More hydrocarbon news updates

Hydrocarbon Engineering Spotlight with Watlow

Domenico Marzocchi, Senior Sales Manager for Growth Sector – Europe, Watlow, explains why medium voltage electrification systems are set to become a central pillar of industrial decarbonisation strategies.

 
 
 
 
 
 
 
 

Nuberg EPC wins chlor-alkali plant in Tanzania

Nuberg EPC has secured an international project for the review, design, procurement, installation, construction, and commissioning of a 45 tpd chlor-alkali Plant in the Mlandizi District, Coast Region of Tanzania.