Downstream news

Technip Energies has been awarded two large contracts by Bharat Petroleum Corp. Ltd (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India.

Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.

Eni has transferred the management of its traditional refineries and depots in Europe and the Middle East to a new company: Eni Industrial Evolution S.p.A.

SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it has broken ground on its Wabash Low-Carbon Ammonia Plant in the US.

The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.

NEXTCHEM has agreed to acquire 100% of Ballestra Group, composed of Ballestra S.P.A. (Italy), Buss Chemtech Ag (Switzerland), and Ballestra Engineering and Projects Pvt (India).

PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.

Phillips 66 has said that key facilities will be integrated into the Humber Refinery rather than restarting standalone refinery operations at the Lindsey site.

Technip Energies has announced the completion of its acquisition of the Advanced Materials & Catalysts (AM&C) business from Ecovyst Inc., a global leader in specialty catalysts and advanced materials.

The Rijeka refinery upgrade project, Croatia, has entered its final phase of implementation as construction works on the key systems of the new processing units have been completed.