Downstream news updates

Aether Fuels has announced new leadership appointments and US$15 million in additional funding that will help accelerate the company’s momentum toward full commercialisation.

CB&I has been awarded a contract by We Energies to design and build a full-containment LNG storage tank for a peak shaving facility in Wisconsin, US.

In this special report, ESI Technology Ltd explore the importance of precise, accurate, and robust pressure measurement within hazardous hydrocarbon environments.

The US Energy Information Administration (EIA) has published the newest short-term energy outlook (STEO), including forecasts for 2027.

The Indonesian President has inaugurated upgrades to the Balikpapan Refinery, a National Strategic Project that marks a significant milestone in strengthening Indonesia's energy security and sovereignty.

Uniper and AM Green Ammonia have signed a long-term offtake agreement for up to 500 000 tpy of renewable ammonia from India.

Coastal Bend LNG has selected KBR, Inc. and Técnicas Reunidas for the FEED of its planned natural gas liquefaction and export facility along the Texas Gulf Coast.

UK-based startup OXCCU, which has developed a new process to create sustainable aviation fuel (SAF) has been crowned the winner of the 2026 Startups 100 Sustainability Award.

VLS Environmental Solutions has acquired Merichem’s Caustic Services business, a move that enhances VLS’ reach in the chemical and petrochemical sectors.

Zeopore Technologies and BioBTX have jointly demonstrated a major advancement in the conversion of waste plastics and biomass into circular aromatics.

Ketjen has announced that it will implement a pricing adjustment for its hydroprocessing catalyst portfolio, effective 15 January 2026.

In 2025, the wholesale US natural gas spot price at the national benchmark Henry Hub in Louisiana averaged US$3.52 per million Btu, based on data from LSEG Data, the EIA has reported.

In this exclusive report, Janelle Armstead-English, Seeq, USA, explains how companies in the oil, gas, and petrochemical industries are using AI and advanced analytics to improve operational efficiency.

Haffner Energy and IGNIS P2X have announced that they have begun their bio/e-SAF collaborative project AeroVerde, and their immediate task consists in identifying the project’s first site’s precise location in Spain.

BASF has commissioned the steam cracker at its newly built Verbund site in Zhanjiang in South China as scheduled.

Corteva Inc. and BP have announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops for use in the production of biofuels.

Borouge Plc has announced the completion of a proof of concept for AI-powered autonomous operations at its Ruwais facility, UAE, delivered in collaboration with Honeywell.

The US retail price for regular grade gasoline averaged US$3.10/gal. in 2025, US$0.21/gal. less than in 2024, which marked the third consecutive year of declining gasoline prices the EIA has reported.

EcoCeres has achieved two major milestones in China – securing a place on the SAF Export ‘White List’ and earning the country’s airworthiness certificate for SAF production.

Hindustan Petroleum Corp. Ltd (HPCL) has commissioned the Residue Upgradation Facility (RUF) at its Visakh Refinery, India.

Technip Energies has been awarded two large contracts by Bharat Petroleum Corp. Ltd (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India.

PBF Energy Inc. has announced that that rebuild activities at its Martinez, California, US, refinery, following the 1 February 2025 fire, are now expected to progress into February 2026.

L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a major order from Bharat Petroleum Corp. Ltd (BPCL) for a polyethylene swing unit in India.

Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.