Downstream news

Wood Mackenzie has disclosed that oil and gas companies need to brace for a tough 2026 as capital budgets fall and low-carbon spending faces further cuts.

ExxonMobil Basestocks has announced the first shipment of Group II base stocks from new units as part of the Singapore Resid Upgrade Project.

NEXTCHEM has opened a new regional office in Abu Dhabi, UAE, to advance energy transition in the Middle East with its portfolio of sustainable technologies.

Wood Mackenzie has released its assessment of the LNG market, following Gastech 2025 in Milan, Italy.

Lummus Technology and Synthomer have announced the launch of a new partnership to license Synthomer's proprietary acrylic acid esters technology.

Exmar has signed contracts with Regasificadora Del Pacífico S.A.S. (RDP) in respect of the deployment of a floating storage unit (FSU) on the west coast of Colombia.

Tracerco has deployed its proprietary chemical tracer technology in support of a US-based carbon capture and storage (CCS) project for the first time.

Arkema and Catalyxx have announced a partnership to accelerate the transition to lower-carbon footprint acrylic monomers and acrylic resins.

Burckhardt Compression's US team has successfully completed a critical overhaul of two Laby® compressors at a major petrochemical facility in Western Pennsylvania, US.

Woodside Energy recently celebrated progress in developing the Louisiana LNG Project at a groundbreaking ceremony.