Downstream news
KT-Kinetics Technology completes activities for the Rijeka Refinery Upgrade Project
KT-Kinetics Technology has participated in the ceremony for the completion of the Rijeka Refinery Upgrade Project in Croatia, having completed the engineering, procurement and construction activities.
Wood Mackenzie: oil could hit US$150/bbl
With 15 million bpd of Gulf supply suddenly offline, global oil demand will need to fall to rebalance the market – a process that could require prices to reach US$150/bbl, according to new Wood Mackenzie analysis.
NETZSCH inaugurates new production facility in India
At the end of February 2026, NETZSCH Pumps & Systems inaugurated a new, state-of-the-art production facility in Goa, India.
Axens signs MoU with Airbus on SAF development
Axens has signed a Memorandum of Understanding (MoU) with Airbus to strengthen their cooperation in the development and deployment of sustainable aviation fuel (SAF).
US exports of major transportation fuels in 2025 similar to 2024
In 2025, US exports of major petroleum-based transportation fuels were about the same as the previous year, reports the US Energy Information Administration (EIA).
ProSep wins global EPC order
ProSep has received an order for two of its Annular Injection Mixers (AIM) to support an LNG facility in South Texas, US.
BASF introduces product variants with reduced product carbon footprint
BASF’s Intermediates division has introduced new product variants with a reduced product carbon footprint (rPCF) for butanediol (BDO), tetrahydrofuran (THF), polytetrahydrofuran (PolyTHF®), and N-methylpyrrolidone (NMP) produced at its Verbund site in Ludwigshafen, Germany.
DNV: UK energy transition falling short
DNV's annual Energy Transition Outlook (ETO) for the UK finds that the energy transition risks being delayed by a lack of 'whole system' thinking.
Aggreko’s rapid response assists refinery
When a Petroineos refinery experienced a critical equipment failure, a bespoke air production solution delivered in record time helped the plant’s owners avoid extremely costly unplanned downtime.
Tecnimont (MAIRE) awarded petrochemical EPC contract
MAIRE has announced that Tecnimont S.p.A. has been awarded an engineering, procurement and construction (EPC) contract relating to the implementation of a petrochemical project.