Downstream news updates

SkyNRG has announced the selection of Technip Energies, Sasol, and Topsoe as key partners for the initial engineering activities of the FEED phase of Project Wigeon, its planned SAF facility at the Port of Walla Walla in Washington State, US.

MAIRE’s Tecnimont USA Inc. has signed the front-end engineering design (FEED) contract for Argent LNG’s export facility at Port Fourchon, Louisiana, US.

Petrobras has informed that it has received a payment of R$2.3 billion related to the Economic Subsidy for the Commercialization of Diesel, for the period from 16 July to 31 July 2026.

BASF SE has confirmed exploratory talks with RAG-Stiftung and Evonik Industries AG regarding a potential takeover of Evonik.

Petrovietnam Refining and Petrochemical Corp. (BSR) have exchanged a Framework Agreement for crude oil purchases with ExxonMobil Asia Pacific, an affiliate of ExxonMobil, opening a new avenue of cooperation in feedstock supply for Dung Quat Refinery.

Petrobras has signed a Memorandum of Understanding (MoU) with Mozambique’s National Hydrocarbon Company (ENH) to establish the foundation for strategic cooperation between the two companies in the oil and gas sector, across the full value chain.

Technip Energies and SABIC have entered into an exclusive Licensing Collaboration Agreement (LCA) under which Technip Energies will act as the worldwide licensor of SABIC’s Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology.

As US diesel prices soar and political pressure for an export ban grows, a new Wood Mackenzie analysis warns the move could have considerable ripple effects, triggering significant global product stock drawdowns while ultimately proving self-defeating for American consumers.

Ludoil Capital S.r.l has completed the acquisition of a 51% stake in ISAB S.r.l. from GOI Energy S.r.l., following the successful outcome of the Golden Power procedure.

Engineers India Ltd (EIL) have extended its partnership with the Dangote Group for an upcoming mega greenfield refinery and petrochemical project in Kenya.

Transnet National Ports Authority has issued a request for proposals for the appointment of a terminal operator for the Port of East London, South Africa.

Expanding energy demand and energy security concerns to drive liquid storage capacity additions in the region, GlobalData has reported.

MOL has completed construction work on the AV3 unit at the Danube Refinery, Hungary, which was damaged in a fire last autumn.

INEOS has announced that it is idling all three of its world scale chemical plants in Hull, UK.

In this Spotlight Interview, Simon Rogers, Chief Technology Officer at KBC (A Yokogawa company), explores how physics-based models, AI, and contextualised enterprise data are converging to improve performance and decision making in the downstream sector.

The International Energy Agency (IEA) explores why diesel prices are surging amid the latest hostilities in the Middle East.

Ebara Elliott Energy (EEE) has launched its expanded Houston Center of Excellence, establishing a single-source hub for turbomachinery repair, testing, and restoration, US.

The Rijeka Refinery Upgrade Project has reached another major milestone with the new delayed coker unit (DCU) achieving start-up.

ADIPEC 2026 will mobilise investment in resilient and intelligent energy systems, with confirmed participation from ministers, CEOs and senior leaders across energy, technology, finance and industry.

Neste and United Airlines have extended their existing agreement on the supply of sustainable aviation fuel (SAF) blended with conventional jet fuel to flights departing Chicago O’Hare International Airport and Amsterdam Airport Schiphol.

SAMSUNG E&A launched a full-scale entry into the LNG plant market by unveiling its ‘LNG Module Package’ at Gastech 2026 in Bangkok, Thailand.

In a blog post, AFPM explains why more diesel in the US does not necessarily mean lower prices at the pump for Americans.

Most large oil and gas companies will enter 2027 with gearing below 20%, following accelerated deleveraging driven by surging prices and margins in 2026, according to Wood Mackenzie's Corporate Strategic Planner Oil & Gas 2027.

On 18 September, His Majesty King Frederik X of Denmark will officially open the first full-scale facility for the permanent storage of CO2 in the European Union (EU).