Downstream news

The EIA forecast US industrial natural gas consumption will climb to record highs through 2027 in the latest Short-Term Energy Outlook.

ENEOS has announced that it has entered into Share Purchase Agreements with various subsidiaries of Chevron to acquire 100% of Chevron’s downstream fuels and lubricants marketing businesses in Southeast Asia and Australia.

ADNOC has announced the exchange of two strategic collaboration agreements with Indian partners, reinforcing the strong and expanding UAE-India energy partnership.

Technip Energies received full notice to proceed for a major EPC contract with Commonwealth LNG for its 9.5 million tpy LNG export facility in Cameron Parish, Louisiana, US.

Ludoil Capital has entered into a sale and purchase agreement with GOI Energy for the acquisition of the latter's stake in ISAB, the owner of the Priolo Gargallo refinery.

Aster and Puraglobe have signed an MOU to jointly explore the development of a re-refined base oil processing facility in Singapore – turning used motor oil into high-performance Group II/III/III+ base oils.

LanzaTech has decided to invest in Ghent, Belgium, in Europe's first commercial plant for sustainable aviation fuel based on alcohol-to-jet technology.

International energy leaders to converge in Calgary, driving millions in economic activity, boosting tourism, and reinforcing the region’s tole as a global energy hub.

Asia is poised to dominate the global ethylene glycol capacity additions by 2030 due to surging domestic demand and sustained investment in petrochemical infrastructure, GlobalData has reported.

PuriFire Energy has signed a Letter of Intent (LOI) with X-Press Feeders to support the development and supply of green bio methanol for the shipping sector.