Downstream news

Wood Mackenzie forecasts that Asian LNG demand will increase by 5% this year, following a 2% growth in 2023.

The US Energy Information Administration (EIA) expects average US retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity.

Rice University and Woodside Energy has announced a ground-breaking five-year technology collaboration aimed at reducing greenhouse gas emissions and providing lower carbon solutions.

Neste and partner companies have concluded an e-fuel research project, showcasing progress in the development of electrofuels.

Chevron Lummus Global (CLG) has been awarded a new licensing contract for HPCL's integrated hydrocracker and catalytic dewaxing unit.

LyondellBasell has entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corp.

Hydrocarbon Engineering presents a selection of entries to this year's Catalyst Review.

TDK Corp. has announced that its subsidiary, TDK Ventures Inc., has participated in INERATEC's Series B funding round.

Yokogawa Corp. of America and KBC (a Yokogawa Company) have announced the dates of their upcoming Users Conference, YNOW2024.

Neste has been included in the Corporate Knights 2024 Global 100 Index of the most sustainable companies.