Downstream news

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

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

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.

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

MAIRE's subsidiary, Tecnimont, has successfully achieved the mechanical completion of the rehabilitation works of the old plant (Area 5) for a subsidiary of the Nigerian National Petroleum Company (NNPC).

Topsoe has been selected by Essar to provide technology for a £360 million carbon capture project.

Watch a selection of our Spotlight interviews with industry experts, recorded throughout 2023.

GlobalData reports that Asia is set to account for 89% of global phenol capacity additions by 2027.

In its efforts to scale-up chemical recycling, Neste has successfully concluded another series of industrial-scale processing runs with increasing volumes of liquefied waste plastic at its refinery in Porvoo, Finland.