Downstream news

The transaction is expected to further strengthen ABB’s focus on electrification and automation and expand its offering for large and complex infrastructure and industries.

Kent has announced the signing of Long-Term Agreements and Project Management Consultancy agreements with Aramco, further establishing the company’s presence in the Kingdom of Saudi Arabia.

Shell Bahamas Power Company Inc. has taken a final investment decision on an LNG regasification terminal in the Bahamas.

Emerson has introduced software that automates two of refining’s most time-intensive and margin-critical processes: crude scheduling and product blending.

RapiCure has announced that it has been selected by Chevron Technology Ventures for its Catalyst Program™ aimed at accelerating technology innovation within the energy sector.

Axens has announced the launch of the ERA project, France’s first industrial-scale SAF production unit based on advanced bioethanol.

Petroleum markets in 2Q26 were characterised by continued disruptions to international crude oil and petroleum product flows through the Strait of Hormuz, contributing to higher and more volatile crude oil prices through most of the quarter, the EIA has reported.

UNIMOT Paliwa imported a seaborne shipment of crude oil to Gdansk in July 2025, which will be transported from the Naftoport terminal to the PCK refinery in Schwedt, Germany, using PERN's pipeline infrastructure.

Emerson has helped Rompetrol Rafinare reduce distributed control system alarm volumes by more than 95% using DeltaV™ AgileOps operations management software at its Petromidia refinery in Navodari, Romania.

Topsoe and Sasol have signed a licensing agreement with Allied Biofuels to provide technologies for its eSAF and bio-based SAF production facility located in the Khorezm region of Uzbekistan.