Downstream news

Most large oil and gas companies will enter 2027 with gearing below 20%, following accelerated deleveraging driven by surging prices and margins in 2026, according to Wood Mackenzie's Corporate Strategic Planner Oil & Gas 2027.

On 18 September, His Majesty King Frederik X of Denmark will officially open the first full-scale facility for the permanent storage of CO2 in the European Union (EU).

MAIRE has announced that Tecnimont has been awarded a front-end-engineering design (FEED) and open book cost estimation (OBCE) contract for a petrochemical project located in Asia.

Wood Mackenzie considers what is next for Qatar, Iran and the world's largest gas field, following the 2026 Middle East conflict.

Sasol and White Desert have announced a landmark sustainable aviation fuel (SAF) partnership, a significant milestone for African aviation and the country’s emerging lower-carbon fuels industry.

Caturus LLC has announced a five train, 7.75 million tpy expansion project for its Commonwealth LNG export facility in Cameron Parish, Louisiana, US, which would nearly double the site’s planned capacity to approximately 17.25 million tpy.

Emerson has been awarded a contract by Technip Energies to provide automation technologies for the SkyNRG sustainable aviation fuel (SAF) plant – the first dedicated greenfield SAF production facility in Europe.

Naftogaz Group and Kino Aski LNG have signed a memorandum of understanding on potential co-operation in the supply of low-carbon LNG from Canada to the European market.

Black & Veatch celebrates more than 15 years of FLNG innovation, engineering experience and advancement of PRICO liquefaction performance at Gastech 2026.

Shell has officially inaugurated its Grease Manufacturing Plant in Indonesia, with a production capacity of up to 12 000 tpy.