Downstream news updates

KBR has been selected to provide technology licensing and FEED services based on its PureSAF technology for the proposed SAF plant being developed by Keppel and Aster on Singapore’s Jurong Island.

Technip Energies, Alterra, and Neste announce the commercial launch of Nerea™, a new type of industrial offering designed to accelerate the deployment of chemical recycling projects for plastic waste.

Air Liquide Karabatan Tech Gases LLP has signed a new long-term agreement with Silleno LLP for the supply of nitrogen and compressed dry air to its future polyethylene plant in Kazakhstan.

US operable atmospheric distillation capacity totalled 18.2 million b/cd on 1 January 2026 – down over 250 000 b/cd (about 1%) compared with 1 January 2025 – according to the EIA's latest annual Refinery Capacity Report.

Energy Transfer LP has announced an expansion of the Nederland NGL Export Terminal to meet additional customer demand, Texas, US.

Sasol and Topsoe have announced that they intend to refocus the organisational structure of their sustainable aviation fuel (SAF) partnership for the next phase of market development.

Sherwin-Williams' Heat-Flex® AEB (Advanced Energy Barrier) essentially eliminates the conditions needed for corrosion under insulation (CUI) to develop.

Sky Quarry Inc. has announced an update on its Nevada refinery operations, US, provided by the company's interim CEO, Marcus Laun.

Vitol Inc. and IRH Global Trading Ltd have declared executed a natural gas sale and purchase agreement.

MAIRE has announced that it has signed an MoU with the Sovereign Wealth Fund of Kazakhstan Samruk-Kazyna and the Italo-Kazakh Trade Association (ACIK) to cooperate on the development of a SAF platform in the Republic of Kazakhstan.

INEOS Oligomers has announced the expansion of its global DIB offering with the introduction of DIB99S (Diisobutylene 99% with BHT).

ABB’s SensyMaster flowmeter now delivers verified thermal mass flow measurement for the chemicals, oil and gas, power and utilities, and industrial gas industries.

The US Energy Information Administration has reported that US refineries processing capacity and crude oil stocks have fallen throughout June.

A second FSRU terminal will be constructed in the Gulf of Gdansk, meaning Poland will operate three LNG terminals.

Petrobras has approved the FID for the RPBC Biorefining project, which entails the construction of a dedicated plant for producing SAF and renewable diesel at the Presidente Bernardes Refinery in Cubatão, São Paulo, Brazil.

Baker Hughes has announced an award to provide comprehensive lifecycle services and iCenter™ digital services for turbomachinery equipment at the greenfield ANOH Gas Processing Plant in Nigeria.

On 28 April 2026, the UAE announced that it was leaving OPEC, effective on 1 May, which has reduced the group's global share of crude oil production and capacity.

The Tank Storage Association (TSA) has published the latest edition of its Annual Review of the bulk storage and energy infrastructure sector.

LBC Tank Terminals has taken the final investment decision to execute Project Rainbow 5 Phase A at its Rotterdam Terminal, advancing the next phase of the terminal’s multi-year expansion programme.

Petrobras has completed the production and sale of the first batch of SAF produced from CORSIA-certified low-risk ILUC soybean oil, which attests to sustainability criteria and a lower risk of impact on new areas.

GlobalData has reported that low-cost feedstock and developed infrastructure will support PVC capacity additions in the Middle East.

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.

Cognite has announced the launch of its Integrated Supply Chain offering, which extends the Cognite AI and Data Platform beyond the plant.

INEOS Styrolution has announced its decision to permanently close its polystyrene production site in Illinois, US, with decommissioning and an orderly closure process expected to be completed in 4Q6.