Downstream news
2023 in the Spotlight
Watch a selection of our Spotlight interviews with industry experts, recorded throughout 2023.
Asia set to lead the global phenol industry capacity additions
GlobalData reports that Asia is set to account for 89% of global phenol capacity additions by 2027.
Neste doubled the amount of waste plastic processed during 2023
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.
Japanese refineries close as the country's petroleum consumption falls
In its ‘Short-Term Energy Outlook’, the US Energy Information Administration (EIA) forecasts the lowest annual petroleum consumption in Japan in 2024 since at least 1980.
US LNG critical to addressing European supply gap
The American Petroleum Institute (API) and International Association of Oil and Gas Producers (IOGP) have released new analysis from Rystad Energy showing that Europe could face a looming natural gas supply gap in the coming decades.
Woodside signs domestic LNG supply agreement with Pilbara Minerals
Woodside has signed a sales and purchase agreement (SPA) with Pilgangoora Operations Pty Ltd for the supply of domestic LNG from the Pluto Truck Loading Facility.
India ranks second in LNG regasification capacity additions in Asia through 2027
India is set to register the second highest LNG regasification capacity additions in Asia between 2023 and 2027, forecasts GlobalData.
Norsk e-Fuel contracts Paul Wurth (SMS group) to carry out FEED study
Norsk e-Fuel has selected SMS group subsidiary, Paul Wurth, to engineer and design one of the first industrial sized e-Fuel production sites in Mosjøen, Norway.
Höegh Autoliners and VARO partner to accelerate sustainable shipping
VARO Energy and Höegh Autoliners have announced a strategic partnership aimed at advancing the decarbonisation of maritime sectors.
Technip Energies wins Dow contract
Technip Energies to provide proprietary technology, engineering, and procurement services for Dow’s net-zero integrated ethylene cracker in Canada.