Downstream news updates

HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026.

The Zambia Development Agency has handed over the investment licence to China Zambia Petrochemical Corp. for the development of a US$1.1 billion crude-oil refinery and integrated energy complex in Ndola, Zambia.

On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.

Celtic Renewables has appointed engineering design consultancy, Allen Associates, to finalise the design of the proposed new industrial-scale green chemical production plant in Grangemouth, Scotland.

Uniper and thyssenkrupp Uhde have signed a framework agreement for the use of ammonia cracking technology for six large scale ammonia plants.

Venture Global Inc. and Tokyo Gas Co. Ltd have announced the execution of a new, long-term LNG sales and purchase agreement (SPA).

Sonatrach and Sinopec Guangzhou Engineering Co. Ltd have signed a contract relating to the construction of a hydrotreating and reforming unit (CCR type) to treat heavy naphtha at the Arzew refinery, Algeria.

AFPM President and CEO Chet Thompson has issued a statement on the Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act (H.R. 3109).

Dangote Refinery and has selected Honeywell to supply technology and services to help enable the refinery to process a wider range of crude and double the production capacity by 2028.

Nikkiso has announced that it has been awarded a contract by Matheson Tri-Gas Inc. to build an air separation unit in Las Vegas, Nevada, US, scheduled for completion in 2027.

Masdar and Tadweer Group have collaborated to develop Abu Dhabi’s first commercial scale hydrogen and waste-to-sustainable aviation fuel project.

Engineers India Limited (EIL) has inked a memorandum of understanding (MoU) with NMDC Energy to strengthen cooperation in the execution of onshore projects in Saudi Arabia.

Greenlyte Carbon Technologies is inaugurating a LiquidSolar SNG plant in Duisburg, Germany, marking a step from development towards industrial production of synthetic fuels (e-fuels).

OCI Global has announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding to AGROFERT for a total consideration of €290 million.

Dynamis Power Solutions and Baker Hughes have announced an order for 25 aeroderivative gas turbines – totalling 1.3 GW for mobile power generation across a wide range of oil and gas applications.

Covestro AG and XRG have received the final outstanding regulatory approval from the German Federal Ministry for Economic Affairs and Energy under foreign investment rules for their strategic partnership.

Egypt’s Suez Canal Authority and Ministry of Petroleum have signed a memorandum of understanding to advance the development of an LNG liquefaction and bunkering station in El-Raswa, Port Said.

Norsk e-Fuel AS and Braskem have announced a strategic collaboration to explore the possible integration of e-Naphtha into the plastics value chain.

BASF has broadened its offering for certified biomass-balanced methanol products by adding the ISCC EU certification to its existing portfolio.

Baker Hughes has announced that it has secured a multi-year contract with CPECC, for and on behalf of Aramco, to deploy its Cordant™ APM suite across four Booster Gas Compression Stations in Saudi Arabia.

Tecnimont (MAIRE) attended the groundbreaking ceremony of the Tengiz Gas Separation Complex (GSC) project in the Atyrau Region, Kazakhstan.

LanzaJet has announced that it has fully operated and produced fuels at its LanzaJet Freedom Pines Fuels facility in Georgia, US – marking the production of jet fuel using ethanol as a feedstock at a commercial-scale plant.

An independent study commissioned by Ithaca Energy and endorsed by OEUK shows that 65% of UK crude production ultimately serves UK market through European refining network, Wood Mackenzie analysis reveals.

INEOS has announced a €250 million investment programme to regenerate and modernise its cracker at Lavera, France, as part of a move to secure the future of one of the nation’s most important industrial sites.