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Downstream news updates

Neste commissions facility for liquefied waste plastic

Neste has commissioned its new upgrading facility for liquefied waste plastic (LWP) at its Porvoo refinery in Finland, with a €111 million investment that marks a major milestone in the scale-up of chemical recycling

 

CLG expands portfolio with FT liquid upgrading solutions

Chevron Lummus Global announced the addition of Fischer-Tropsch liquid upgrading solutions to its portfolio, enabling the company to license and deliver technologies for converting FT-derived liquids from a variety of feedstocks.

Evos Rotterdam commences expansion project

Evos Rotterdam has commenced the realisation of a major expansion project for (low-carbon) methanol and ethanol storage, following a signing ceremony held at the Port of Rotterdam.

IEA: the Strait of Hormuz and global LNG supply

The IEA offers commentary on how recent conflict in the Middle East has impacted global oil markets, with particular focus on the disruption in the Strait of Hormuz and LNG supply.

INA completes Rijeka Refinery Upgrade Project

INA has marked the completion of the Rijeka Refinery Upgrade Project which involved an investment of nearly €700 million, representing the largest single investment in INA’s history.


More hydrocarbon news updates

 

Texas LNG and Kiewit sign EPC contract

Glenfarne’s Texas LNG Brownsville LLC and Kiewit Energy Group Inc. have announced the execution of an EPC agreement under a lump-sum turnkey contract structure.

 
 
 

Wood Mackenzie: oil could hit US$150/bbl

With 15 million bpd of Gulf supply suddenly offline, global oil demand will need to fall to rebalance the market – a process that could require prices to reach US$150/bbl, according to new Wood Mackenzie analysis.

 
 

Axens signs MoU with Airbus on SAF development

Axens has signed a Memorandum of Understanding (MoU) with Airbus to strengthen their cooperation in the development and deployment of sustainable aviation fuel (SAF).

 
 

ProSep wins global EPC order

ProSep has received an order for two of its Annular Injection Mixers (AIM) to support an LNG facility in South Texas, US.

 

BASF introduces product variants with reduced product carbon footprint

BASF’s Intermediates division has introduced new product variants with a reduced product carbon footprint (rPCF) for butanediol (BDO), tetrahydrofuran (THF), polytetrahydrofuran (PolyTHF®), and N-methylpyrrolidone (NMP) produced at its Verbund site in Ludwigshafen, Germany.

 

DNV: UK energy transition falling short

DNV's annual Energy Transition Outlook (ETO) for the UK finds that the energy transition risks being delayed by a lack of 'whole system' thinking.

 

Aggreko’s rapid response assists refinery

When a Petroineos refinery experienced a critical equipment failure, a bespoke air production solution delivered in record time helped the plant’s owners avoid extremely costly unplanned downtime.