Downstream contract news

Odfjell Terminals Korea and S-OIL strengthen strategic partnership with 10-year storage agreement.

LyondellBasell has announced an investment to expand propylene production capacity at its Channelview Complex near Houston, Texas, US.

Lubrication Engineers are set to acquire the industrial brands and products of Royal Purple.

Asia is set to dominate global CDU capacity additions through 2030 as forecasted by GlobalData.

Draeger Safety UK Ltd has secured a contract extension with INEOS O&P UK.

Toyo-Malaysia has secured OSBL project to support SAF Production Facility at Pengerang, Johor, Malaysia.

ADNOC Gas has signed a 14-year LNG supply agreement with Indian Oil Corp.

Tepsa Netherlands is set to complete its latest expansion, adding nine new storage tanks and increasing its capacity by 28 000 m3.

TotalEnergies is set to supply GSPC with 400 000 tpy of LNG from 2026.

ONGC and bp are set to collaborate in exploration and production, as well as trading and other energy vectors, in India and internationally.