Downstream news
Clariant teams up with Technip to introduce new steam-to-oil catalyst
Clariant has teamed up with Technip Energies to introduce a new catalyst for unprecedented low steam-to-oil ratios in styrene production.
Fortescue and CMB.TECH sign agreement to charter ammonia-powered ore carrier
Fortescue and CMB.TECH have signed an agreement for the development of ammonia-powered ore carrier.
TransTech Group and Metalforms complete acquisition of Koch Heat Transfer's international operations
TransTech Group has completed the acquisition of Koch Heat Transfer’s international assets and intellectual property through its subsidiary, Metalforms LLC.
EIA expects less oil demand and lower oil and gasoline prices in an uncertain market
The US Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026, which contributes to significantly lower oil prices than previously forecast.
Clariant and Technip Energies launches new catalyst
Clariant has teamed up with Technip Energies to introduce a new catalyst for low steam-to-oil ratios in styrene production.
Neste begins SAF production at Rotterdam refinery
Neste’s refinery in Rotterdam, the Netherlands, has been modified to enable Neste to produce up to 500 000 tpy of SAF.
Aramco, Sinopec and Yasref sign agreement for petrochemical expansion
Aramco, Sinopec, and Yasref have announced the signing of a Venture Framework Agreement (VFA) intended to pave the way for a major petrochemical expansion at Yasref, in Yanbu, Saudi Arabia.
IEA: AI set to drive surging electricity demand
A new report from the International Energy Agency (IEA) suggests that artificial intelligence (AI) has the potential to transform the energy sector in the coming decade.
Angola exported more LNG to Europe and less to Asia in 2022 and 2023
Angola exported more LNG to Europe and less to Asia in 2022 and 2023, according to estimates from the ‘Statistical Review of World Energy'.
EEMUA releases new edition of EEMUA 159
EEMUA has published Edition 6 of its EEMUA Publication 159, ‘Above ground flat bottomed storage tanks – a guide to inspection, maintenance and repair’.