Downstream news
Exolum will invest more than €4.5 million for the expansion of its facilities
Exolum has commenced operations at the aviation fuel storage and distribution facilities and the hydrant network at Cristiano Ronaldo International Airport in Madeira, Portugal, managed by ANA (VINCI Group).
MB Energy and Zaffra sign MoU to advance commercialisation of eSAF in Europe
Zaffra and MB Energy have signed a non-binding Memorandum of Understanding for assessing a cooperation to support the commercialisation and market deployment of eSAF across Europe.
PETRONAS and JERA sign new long-term supply deal extending partnership
PETRONAS and JERA have signed a new long-term supply deal extending partnership into 2040s.
Uniper and Canada’s Ksi Lisims LNG sign letter of interest for LNG supply
Uniper and Ksi Lisims LNG have signed a letter of interest outlining key commercial terms for a pending supply and purchase agreement.
BP simplfiies organisational structure
BP has set out its new organisational structure to simplify the company, improve performance, and grow value for shareholders.
Donaldson launches smart monitoring system for industrial gases and hydraulic fluids filtration
Donaldson has launched its iCue™ Connected Technology for compressed air and hydraulic fluids filtration equipment.
ICIS expands polymer demand insight to help customers make better decisions across global plastics markets
ICIS has secured exclusive access to the AMI Polymer Demand and Plastics Processors database, enhancing its ability to provide customers with deeper, more connected insight into global polymer demand and downstream analysis.
Honeywell introduces Experion Cognition for Borouge International
Honeywell has introduced Experion Cognition at Borouge Group International AG’s Ruwais facility in Abu Dhabi, UAE for autonomous control room operations.
Syzygy Plasmonics signs agreement with World Fuel for SAF production
Syzygy Plasmonics has announced that it has entered into a capacity reservation agreement with World Fuel Services for future SAF production from Syzygy's planned NovaSAF™ facilities.
EIA expects a drop in global oil demand will limit price increases from Hormuz disruptions
The US EIA has its June STEO, reducing its expectation for global oil demand in 2026 due to high fuel prices, reduced fuel availability, and government initiatives curbing oil consumption.