Browse the latest downstream contract news news and articles.
The Middle East conflict continues to disrupt oil exports through the Strait of Hormuz, straining markets and pressuring inventories – and increasing the urgency of reopening the critical waterway, according to the IEA's latest Oil Market Report.
Ammobia has announced an agreement with Lummus Technology to license and deploy its ammonia production system to support low-carbon maritime fuel and energy storage and transport.
Siemens Energy has announced it is starting preparations for its Transformation of Industry business to become a standalone company, including steam turbines, compressors, and electrolysers.
CF Industries, JERA, and Mitsui have broken ground on ITS Blue Point One ammonia plant in Louisiana, US, which will produce ammonia using hydrogen from natural gas.
Burckhardt Compression has secured two orders for the Boaventura Energy Complex, a major Petrobras project in Brazil, for the supply of six PL2 compressor packages and related services.
MAIRE has announced new awards and additional works related to previously granted contracts in the Integrated E&C Solutions business unit for a total amount of approximately €110 million, for projects located across South America, Europe, and Asia.
Olin Corp. and Huntsman Corp. have announced that their respective shareholders have approved the proposals necessary to complete the companies' previously announced all-stock merger of equals.
Axens and Raízen have announced the start-up of a Prime-G+® FCC gasoline desulfurisation unit at Raízen’s refinery in Argentina, marking the 300th Prime-G+ unit licensed worldwide in 25 years.
Mantel has announced a new strategic investment from Constellation Technology Ventures (CTV) and Azimut Investments to scale carbon capture across heavy industry.
Aduro Clean Technologies has announced the selection of Saipem for Early Works and Services supporting the development of Aduro's planned First-of-a-Kind Hydrochemolytic™ Technology Facility at Chemelot in the Netherlands.
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.
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.