Downstream news

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.

Venture Global, Inc. has announced the execution of two binding agreements with TotalEnergies and Vitol for the purchase of additional US LNG from Venture Global.

The US Energy Information Administration has published its May Short-Term Energy Outlook, reflecting a continued disruption to Middle Eastern oil flows.

FlyORO and Aether Fuels have announced the signing of a non-binding MoU to jointly explore the potential development of SAF supply-chain, blending, and associated activities in support of Aether's Project Beacon and future Aether SAF projects.

Ketjen has announced a partnership with Imubit to offer refiners real-time, actionable catalyst intelligence for fluid catalytic cracking and hydroprocessing units.