Downstream news

CITGO is advancing its Lake Charles Refinery Depentanizer Project, a US$310 million investment that supports the long-term competitiveness of one of the nation's largest and most complex refineries.

OMV Petrom has received all seven modules for its second electrolyser at the Petrobrazi refinery in Romania, expanding its green hydrogen production capacity to 55 MW.

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.

US LNG exports averaged 17.4 billion ft3/d in the first six months of the year, 23% more than the same period in 2025, according to the US Energy Information Administration (EIA). Natural Gas Monthly.

Axens has been selected by Expander Energy Inc. to provide its advanced FT Liquid Upgrading technology.

AFRY has been selected as the International Technical Advisor (ITA) for the 1.5 GW Thai Binh LNG-to-Power project in Hung Yen, Vietnam.

Topsoe has signed a contract with Uniper to deliver FEED for the NorthStarH2 e-methanol project in Östersund, Sweden.

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.

Abundant gas resources are expected to drive gas processing capacity additions in the region, GlobalData has reported.

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.