Downstream news updates

Baker Hughes has announced an agreement with Halfaya Gas Co. (HGC) to strengthen their collaboration for a flare gas recovery system at the Bin Umar gas processing plant in southeastern Iraq.

Ketjen Corp. has marked the official inauguration of its newly expanded ZSM-5 manufacturing plant in Bayport, Texas, US.

The US Energy Information Administration (EIA) considers how geopolitical tensions across Europe and the Middle East have affected diesel and gasoline prices throughout the summer of 2025.

Amogy and KBR have signed a memorandum of understanding (MoU) to advance ammonia-to-hydrogen solutions for global decarbonisation.

Sulzer has signed a five-year global purchasing framework agreement with Veolia which covers a broad range of pumps, mixers, and turbocompressors.

Baker Hughes has announced a major update to Cordant™ (Release 25.2.1), introducing new capabilities across its asset performance management (APM) and process optimisation (PO) offerings.

Coolbrook has achieved a breakthrough in circular plastics and materials by cracking 100% plastic-waste-derived pyrolysis oil (py-oil) at its large scale pilot facility using the RotoDynamic Reactor™ (RDR) technology.

INEOS Inovyn has announced that is has mothballed its chloromethane production facility in Tavaux, France.

Veolia has announced the signing of an agreement between a consortium and SATROP to launch an industrial water initiative for the treatment and recycling of all industrial complex petrochemical effluents of Jubail Industrial City, Saudi Arabia.

OMV has announced ongoing group-wide efforts to strengthen its organisational resilience amid current commercial, economical, and geopolitical environments, across chemicals, fuels, and energy.

VTTI B.V. has officially launched the market consultation for tyre-derived oil (TDO) as part of the VTTI TyreLoop Antwerp project at its existing terminal VTTI Antwerp, Belgium.

MOL Group has completed its first ISCC PLUS-certified production run using circular feedstock at its MOL Petrochemicals site in Tiszaújváros, Hungary.

Burckhardt Compression has completed the acquisition of Advanced Compressor Technology (ACT), a service company specialising in reciprocating equipment for the downstream market in the US.

PETRONAS has delivered SAF to KL International Airport (KLIA) for the MAG, establishing PETRONAS’ in-house capability and readiness to provide SAF supply in Malaysia.

Ecovyst Inc. has announced that it has entered into a definitive agreement to sell its Advanced Materials & Catalysts segment to Technip Energies for a purchase price of US$556 million.

Haffner Energy and Luxaviation Group have announced a non-exclusive 15-year offtake agreement in Europe with fixed SAF volume and price terms.

Charter Next Generation (CNG) has announced a strategic collaboration with NOVA Chemicals for high-quality recycled polyethylene (rPE) for advanced flexible packaging applications.

Monthly average natural gas spot prices in the northwestern US reached historic lows in 2025, as ample supply from Canada coincided with subdued regional demand for natural gas-fired electricity, the EIA has reported.

Woodside and Petronas have finalised a fully termed sale and purchase agreement (SPA) for the supply of 1 million tpy of LNG to Malaysia from 2028 for a period of 15 years.

LNJ GreenPET have announced the signing of an MoU with Sumitomo Corp. to establish collaboration in the growing recycled polyethylene terephthalate (r-PET) sector in India.

TotalEnergies has reached financial close with its partners on Rio Grande LNG Train 4, with a 10% direct participating interest and 1.5 million tpy LNG offtake.

USA BioEnergy has announced that it has selected Johnson Matthey and Honeywell to provide process technologies to USA BioEnergy to produce synthetic paraffinic kerosene (SPK) at its Bon Wier, Texas biorefinery, US.

TotalEnergies has signed a heads of agreement for the annual delivery in South Korea of 1 million tpy of LNG over a 10-year period.

Toyo and RET have been awarded the first phase of a major overhaul project for a large scale gas chemical complex in Turkmenistan, owned by Turkmenhimiya.