Downstream news
Emvolon and Montauk launch JV for green methanol projects
Emvolon, an MIT spin-off, and Montauk Renewables, Inc. have announced a joint venture (JV) to develop multiple biogas-to-green methanol projects.
Axpo completes bio-LNG bunkering operation
Axpo has completed Spain's first ship-to-ship bio-LNG bunkering operation at the Port of Algeciras in the large container shipping industry.
SAMSUNG E&A secures FEED contract for Abadi LNG project
SAMSUNG E&A has received a letter of award for the FEED contract for the Indonesia INPEX Abadi Onshore LNG project from INPEX Masela Ltd.
Petroleum prices reacted to economic and geopolitical uncertainty in 2Q25
The US EIA has reported that energy prices were more volatile in the 2Q25 amid uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East.
KBC launches Petro-SIM 7.6 simulation software
KBC (A Yokogawa Company) has announced the launch of Petro-SIM® v7.6, the latest release of its digital twin process simulation platform for the upstream and downstream oil and gas sectors.
MOL and KazMunayGas sign oil trading agreement
MOL has imported 85 000 t of CPC blend into the Central and Eastern European region and signed an oil trading contract with Kazakhstan’s national oil company, KazMunayGas (KMG).
EcoCeres collaborates with Xiamen Airlines for SAF production
EcoCeres, Inc. has partnered with Xiamen Airlines to collect and transport waste cooking oil from selected restaurant partners for sustainable aviation fuel (SAF) production.
KMG PetroChem and TECNIMONT sign for Tengiz GSC project
The official signing ceremony for the previously announced Tengiz Gas Separation Complex (GSC) project was held today at KMG PetroChem’s headquarters in Astana, Kazakhstan.
Bilfinger wins FEED contract from KNPC
Bilfinger has been awarded a major FEED contract from Kuwait National Petroleum Co. (KNPC) for the new North Oil Pier at the customer’s MAA Refinery in Kuwait.
Mitsubishi Power achieves landmark hydrogen fuel conversion
Mitsubishi Power has announced the completion and handover of a hydrogen fuel conversion at Egyptian refinery ANRPC.