Downstream news
Republic of Uzbekistan and ROSEN Group sign MoU
The Republic of Uzbekistan and ROSEN Group have signed a Memorandum of Understanding (MoU) establishing a framework for technical cooperation in the oil and gas sector.
Phillips 66 announces Zeus Gas Plant and a third coastal bend fractionator
Phillips 66 has announced that it is moving forward with the Zeus Gas Plant and a third Coastal Bend Fractionator, two projects that will advance its integrated wellhead-to-market strategy, Gulf Coast, US.
BASF opens new R&D centre for refinery catalysts
BASF has opened a new research and development centre for advancements in refinery catalysts in Attapulgus, Georgia, US.
EIA: US industrial natural gas consumption expected to hit records in 2026 and 2027
The EIA forecast US industrial natural gas consumption will climb to record highs through 2027 in the latest Short-Term Energy Outlook.
ENEOS signs SPA with Chevron for downstream businesses in Southeast Asia and Australia
ENEOS has announced that it has entered into Share Purchase Agreements with various subsidiaries of Chevron to acquire 100% of Chevron’s downstream fuels and lubricants marketing businesses in Southeast Asia and Australia.
ADNOC signs agreements with Indian energy partners
ADNOC has announced the exchange of two strategic collaboration agreements with Indian partners, reinforcing the strong and expanding UAE-India energy partnership.
Technip Energies receives full notice to proceed on major EPC contract with Commonwealth LNG
Technip Energies received full notice to proceed for a major EPC contract with Commonwealth LNG for its 9.5 million tpy LNG export facility in Cameron Parish, Louisiana, US.
Ludoil Energy signs agreement to acquire ISAB
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 sign MOU to bring re-refining technology to Asia
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 invests €500 million for SAF plant in Ghent
LanzaTech has decided to invest in Ghent, Belgium, in Europe's first commercial plant for sustainable aviation fuel based on alcohol-to-jet technology.