Downstream contract news
Shell develop terminal expansion with Therma Cebu Energy
Shell Pilipinas Corp. is progressing with a terminal expansion in Cebu, strategically located in the Visayas, the Philippines, to strengthen the availability of energy products and enhance supply chain resilience.
INEOS agrees to acquire ethylene dichloride asset from administration
INEOS Inovyn has confirmed that it has agreed to acquire the remaining 50% shareholding in Runcorn MCP Ltd, together with the assets and employees associated with ethylene dichloride production at Runcorn from Vynova Runcorn Ltd, UK.
Haldia Petrochemicals set to inaugurate phenol and acetone facility
Haldia Petrochemicals Ltd. is set to inaugurate its new phenol and acetone manufacturing facility in October 2026, West Bengal, India, according to various media outlets.
AFPM: why fuel prices are not moving in lockstep with crude oil
The AFPM has gathered the following perspectives from analysts and reporters to help explain why fuel prices today are not moving in lockstep with crude oil prices, and why refining capacity has become one of the most important factors shaping what consumers pay at the pump.
Ebara Elliott Energy and Doosan Enerbility partner on advanced compressors
Ebara Elliott Energy and Doosan Enerbility have signed a Memorandum of Understanding to co-develop advanced gas turbine-driven centrifugal compressors for the LNG industry.
Petrobras extends UTG Catu gas processing contracts
Petrobras, PetroReconcavo, Brava Energia, and Origem Energia have signed long-term contract addenda regarding access to natural gas processing at the Catu Natural Gas Treatment Unit, located in Pojuca, Brazil, and operated by Petrobras.
Clariant launches two new R&D laboratories in China
Clariant has announced the official launch of two new research and development laboratories for its Additives business in China: one at the Daya Bay production site in Huizhou and one at the One Clariant Campus (OCC) in Shanghai.
P2X Solutions and avanca/Alternoil enter into a long-term e-methane agreement
P2X Solutions and avanca/Alternoil have entered into a long-term e-methane agreement with deliveries scheduled to start in 4Q26.
Syzygy Plasmonics and IFC partner for SAF projects across Latin America
Syzygy Plasmonics has announced a framework agreement with the International Finance Corp. to support the development of a pipeline of SAF projects across Latin America.
Dangote Refinery secures US$1 billion backing ahead of planned IPO
The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the completion of a US$1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing.