Downstream news

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.

Asian LNG demand is heading for a second consecutive year of decline, reports Wood Mackenzie.

Valmet has received an order to deliver a Valmet DNAe Distributed Control System (DCS) for a CO2 liquefaction plant at Auris Energia’s biogas plant in Mäntsälä, Finland,

Crude oil inventories held at storage facilities in Cushing, Oklahoma, US, fell below 20 million bbl during the week ending 19 June until the week ending 10 July, according to EIA's Weekly Petroleum Status Report.

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.