Downstream news updates

NorSAF has agreed to collaborate with Nova Pangaea Technologies to develop an advanced ethanol production plant in Latvia to supply NorSAF’s SAF facility.

The construction of the fourth LNG storage tank at the Gate terminal in Rotterdam, the Netherlands, has been completed as scheduled.

US propane exports increased to 2 million bpd in 1H26, 11% more than during the same period in 2025, the US EIA has reported.

The range of plausible outcomes has widened substantially for the global energy system, according to McKinsey & Company’s Global Energy Perspective 2026.

NextDecade has received the permit from the US Army Corp of Engineers for the Rio Grande LNG Train 6 expansion project.

Dangote Petroleum Refinery and Petrochemicals FZE has selected Honeywell Technologies to provide process technologies, licensing, engineering services, proprietary catalysts, equipment, and digital solutions for its planned 700 000 bpd refinery in Kenya.

Petrochemical Industries Co. (PIC), a subsidiary of Kuwait Petroleum Corp. (KPC), have signed a memorandum of understanding (MoU) with AmCham Kuwait to advance petrochemical investment and commercial cooperation.

Technip Energies has been awarded contracts by Petkim, a subsidiary of SOCAR, in connection with the development of a proposed integrated petrochemical complex in Aliaga, Türkiye.

Ed Crooks, Wood Mackenzie, considers how diesel export restrictions could impact the refining industry and lead to higher fuel costs for most Americans.

Aether Fuels Inc. has announced the construction, commissioning, and operation of its fully integrated demonstration line, including the production of synthetic aviation fuel which meets the specifications of ASTM D7566.

FTAI Energy Partners LLC has announced that its subsidiary has entered into a definitive agreement to acquire the Port Arthur Terminal in Port Arthur, Texas, US, and a 50% interest in the DRU located in Hardisty, Alberta, Canada, from a subsidiary of USD Group LLC.

Shell has taken a final investment decision on LNG Canada Phase 2 which will double production capacity at the facility in Kitimat, British Columbia.

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.