Downstream news

TransTech Group has completed the acquisition of Koch Heat Transfer’s international assets and intellectual property through its subsidiary, Metalforms LLC.

The US Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026, which contributes to significantly lower oil prices than previously forecast.

Clariant has teamed up with Technip Energies to introduce a new catalyst for low steam-to-oil ratios in styrene production.

Neste’s refinery in Rotterdam, the Netherlands, has been modified to enable Neste to produce up to 500 000 tpy of SAF.

Aramco, Sinopec, and Yasref have announced the signing of a Venture Framework Agreement (VFA) intended to pave the way for a major petrochemical expansion at Yasref, in Yanbu, Saudi Arabia.

A new report from the International Energy Agency (IEA) suggests that artificial intelligence (AI) has the potential to transform the energy sector in the coming decade.

Angola exported more LNG to Europe and less to Asia in 2022 and 2023, according to estimates from the ‘Statistical Review of World Energy'.

EEMUA has published Edition 6 of its EEMUA Publication 159, ‘Above ground flat bottomed storage tanks – a guide to inspection, maintenance and repair’.

The American Petroleum Institute (API) has welcomed the Trump administration’s actions to protect US energy.

India is set to dominate global benzene capacity growth by 2030, accounting for nearly half of the worldwide planned additions, reports GlobalData.