Downstream news
IEEFA: EU risks new energy dependence on US
Research by the IEEFA shows the EU’s rising reliance on US LNG has created a potentially high-risk geopolitical dependency and could cause it to miss its gas demand reduction commitments.
EIA expects lower gasoline prices in 2026 and 2027 as crude oil prices fall
In the latest Short-Term Energy Outlook (STEO), EIA forecasts that retail US gasoline prices will be lower in the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027.
Simplifying sulfiding
Traditional sulfiding agents pose operational challenges as well as health and safety risks for operators in the sulfiding process. Jennifer Jackson, Lubrizol, USA, considers how alternative agents may provide a better solution for refiners.
ADNOC Gas signs LNG deal with HPCL
ADNOC Gas plc and its subsidiaries have announced the signing of a sales and purchase agreement valued at between US$2.5 - 3 billion for a period of 10 years with Hindustan Petroleum Corp. Ltd.
Dangote Refinery selects EIL for expansion contract
Engineers India Ltd (EIL) has partnered with the Dangote Group as the PMC and EPCM consultant for the 650 000 bpd Dangote Refinery and Petrochemical Complex.
Orlen to build solar project at Plock refinery
Orlen are set to build a 40 MW solar project in the immediate vicinity of Orlen’s production plant in Plock, Poland.
AFPM: Congress has a critical opportunity to make necessary fixes to TSCA
AFPM has issued a statement on draft text from the House Energy and Commerce Committee which would implement reforms to the Toxic Substances Control Act (TSCA).
Wood Mackenzie estimates energy costs could fall by €39 billion by 2032
A wave of new LNG supply could reverse a decade of European industrial decline, cutting annual energy costs by €39 billion by 2032 according to Wood Mackenzie's latest Horizons report.
API: state of American energy is strong
The American Petroleum Institute (API) recently convened its annual State of American Energy event, bringing together industry leaders, policymakers and market analysts to examine the forces shaping the US’s energy future.
VARO completes acquisition of Preem
VARO Energy has announced that it has completed the Preem AB acquisition, marking the delivery of VARO Energy’s 2022 ONE VARO Transformation strategy by creating VAROPreem.