Downstream news

VTTI has announced the commissioning of its new bitumen facility at VTTI Malaysia (ATB) – marking another milestone in VTTI’s continued growth and investment in Asia.

Centrica Energy has announced the signing of a long-term sale and purchase agreement to supply LNG to Exodus for Honduras.

Petrobras has announced that its Board of Directors has approved the 2026 - 2030 Business Plan (PN 2026 - 30).

LBC and Duisport have announced the signing of an MoU for the intention to initiate a joint development of a new inland ammonia and CO2 terminal in Duisburg, Germany.

Eni, through its satellite company Azule Energy – a 50:50 joint venture with bp and the operator of the New Gas Consortium (NGC) – inaugurated the NGC Gas Treatment Plant in Soyo, Northern Angola.

HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026.

The Zambia Development Agency has handed over the investment licence to China Zambia Petrochemical Corp. for the development of a US$1.1 billion crude-oil refinery and integrated energy complex in Ndola, Zambia.

On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.

Celtic Renewables has appointed engineering design consultancy, Allen Associates, to finalise the design of the proposed new industrial-scale green chemical production plant in Grangemouth, Scotland.

Venture Global Inc. and Tokyo Gas Co. Ltd have announced the execution of a new, long-term LNG sales and purchase agreement (SPA).