Downstream news
Rely secures engineering studies contract
Rely has been awarded engineering studies contract to solidify plant definition and support for H4 Marseille Fos’ European green aviation fuel hub.
Aramco completes acquisition of additional stake in Petro Rabigh
Aramco has advanced its strategic downstream expansion with the acquisition of an additional 22.5% stake in Petro Rabigh from Sumitomo for US$702 million (SAR 7 per share).
Tagaddod secures US$26.3 million Series A
Tagaddod has announced the close of its US$26.3 million Series A funding round, led by The Arab Energy Fund (TAEF) with participation from FMO, VKAV, and A15.
EIA adjusts forecast for US oil production after record set
The US Energy Information Administration (EIA) forecasts in its October Short-Term Energy Outlook (STEO) that US crude oil production will average 13.5 million bpd in both 2025 and 2026, both slightly higher than the agency’s September forecast.
IGS expands field welding services
Integrated Global Services (IGS) has announced the expansion of its automated field welding services with the opening of a new operational hub in Radom, Poland.
Integra to produce recycled polypropylene
Integra Plastics AD, Bulgaria, a member of the Borealis group, is converting its production facility to produce polypropylene starting in October 2025.
Arcadia eFuels and Hitachi Energy to deliver infrastructure for eSAF facility
Arcadia eFuels has signed an agreement with Hitachi Energy to deliver electrical infrastructure for Vordingborg eSAF facility, featuring on site green hydrogen production.
US propane inventories are well stocked heading into winter heating season
For the week ending 26 September 2025, US propane inventory was 103 million bbl, about 13 million bbl more than the previous five-year average for this time of year, the EIA has reported.
BASF announces butyl acrylate plant start-up and completion of cracker and petrochemical plants
BASF has reached two significant milestones at its Zhanjiang Verbund site, China: the start-up of the butyl acrylate (BA) plant and the mechanical completion of the steam cracker and all integrated petrochemical plants.
Chevron Phillips Chemical inaugurates expansion of POA production unit
Chevron Phillips Chemical have officially inaugurated the expansion of the polyalphaolefin (PAO) production unit in Beringen, Belgium.