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The October issue of Hydrocarbon Engineering opens with a detailed insight into recent disruptions across Middle Eastern oil markets from Contributing Editor, Nancy Yamaguchi. The issue then explores a number of key topics affecting the downstream sector, such as sulfur and gas processing, instrumentation and automation, flaring and emissions control, safety and cybersecurity, water management, and many more.

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Home/News/Downstream news

Downstream news

Browse the latest downstream news news and articles.

NextDecade announces credit agreement
5 Jan 20241 min read

NextDecade announces credit agreement

NextDecade has announced that its wholly owned subsidiary, NextDecade LNG, LLC, has entered into a credit agreement with MUFG Bank, Ltd.

Vitol and GAIL sign long-term LNG supply deal
5 Jan 20241 min read

Vitol and GAIL sign long-term LNG supply deal

GAIL (India) Ltd. and Vitol Asia Pte Ltd have signed a long-term LNG supply deal into India for the supply of approximately 1 million tpy of LNG for a period of approximately 10 years.

US Henry Hub natural gas prices in 2023 were the lowest since mid-2020
5 Jan 20242 min read

US Henry Hub natural gas prices in 2023 were the lowest since mid-2020

The EIA reports that the US benchmark Henry Hub natural gas price averaged US$2.57 per million Btu in 2023, about a 62% drop from the 2022 average annual price.

NextChem awarded contract by Engie for production of biomethane
4 Jan 20241 min read

NextChem awarded contract by Engie for production of biomethane

NextChem Tech has been awarded a new contract by ENGIE to carry out Pre-FEED for the gasification and methanation of waste wood and the implementation of a carbon capture unit for the Salamandre project.

CIP signs MoU with Mexican authorities for green maritime fuels project
4 Jan 20242 min read

CIP signs MoU with Mexican authorities for green maritime fuels project

Copenhagen Infrastructure Partners (CIP) will develop Helax Istmo, a green hydrogen and green maritime fuels project in Mexico.

Gas introduced into Tango FLNG
4 Jan 20241 min read

Gas introduced into Tango FLNG

Following completion of the commissioning phase, Tango FLNG will produce its first LNG cargo by 1Q24, placing the Republic of Congo on the list of LNG-producing countries.

Black Bay Energy Capital acquires process technologies and catalyst business from Merichem
3 Jan 20243 min read

Black Bay Energy Capital acquires process technologies and catalyst business from Merichem

Black Bay Energy Capital has announced the acquisition of Merichem's technology business unit, comprised of Merichem Process Technologies and Merichem Catalyst Products.

2023 US annual average retail gasoline prices lower than 2022
3 Jan 20242 min read

2023 US annual average retail gasoline prices lower than 2022

The EIA reports that US retail gasoline prices in 2023 averaged US$0.43 per gal. less than in 2022.

Maersk signs MoU with City of Yokohama and Mitsubishi Gas Chemical
3 Jan 20242 min read

Maersk signs MoU with City of Yokohama and Mitsubishi Gas Chemical

A.P. Moller-Maersk (Maersk) has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC).

Brussels Airport encourages use of sustainable aviation fuel
3 Jan 20242 min read

Brussels Airport encourages use of sustainable aviation fuel

To encourage the use of sustainable fuel, Brussels Airport Company, thanks to federal government support, will be granting a special financial contribution to promote its use.

Brent crude oil prices averaged US$19/bbl less in 2023 than 2022
2 Jan 20243 min read

Brent crude oil prices averaged US$19/bbl less in 2023 than 2022

The EIA reports that the price of Brent crude oil averaged US$83/bbl in 2023, down from US$101/bbl in 2022.

Chart Industries announces LNG awards
2 Jan 20241 min read

Chart Industries announces LNG awards

Chart Industries Inc. has announced the recent receipt of multiple LNG-related awards.

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