Downstream news

For the week ending 17 July 2026, commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased 2.0 million barrels to 411.7 million barrels, 6% below the previous five-year (2021 - 2025) average, the US EIA has reported.

Emerson has announced a new flameproof model for the Rosemount™ 965 Flame Detector, adding hazardous-location certification for applications where reliable hydrocarbon flame detection is required.

The Saudi Basic Industries Corp. have announced the signing of a Project Development Agreement with Rongsheng Petrochemical Co. Ltd. to jointly advance the development of the Jintang New Materials Project in Zhoushan, Zhejiang Province, China.

Fluor Corp. has announced that it has been selected by Gulf Petrochemical Industries Co. to execute the front-end engineering and design for a new aromatics facility located in the Kingdom of Bahrain.

Catalyxx has announced that Sines, Portugal, has been selected as the location for Catalyxx Ibérica, the company's first commercial-scale plant.

Celtic Renewables has partnered with Evonik to supply bio-based chemicals for use in cosmetics formulations.

In a recent blog, American Fuel & Petrochemical Manufacturers (AFPM) explains why the US imports crude oil despite being the world’s largest crude oil producer.

OXEA Corp. has awarded Kent detailed engineering services for a major specialty chemicals project at its Bay City facility in Texas, US.

In the first half of 2026, Adriatic LNG was Italy’s third-largest source of natural gas imports, after the pipelines transporting gas from Algeria and Azerbaijan.

Johnson Matthey has completed the sale of its Catalyst Technologies business to Honeywell Technologies for an enterprise value of £1.325 billion on a cash and debt-free basis.