Downstream news
Honeywell introduces new technology to produce fuels from biomass
Honeywell has introduced a technology that converts agricultural and forestry waste into ready-to-use renewable fuels for hard-to-abate sectors.
Brazil is expanding its LNG import infrastructure
Companies operating in Brazil have expanded the country’s LNG regasification infrastructure since 2020, more than doubling its import capacity, the EIA has reported.
Albemarle to sell stake in Ketjen to KPS
Albemarle Corp. has announced it has entered into a definitive agreement to sell a controlling stake in Ketjen Corp.’s refining catalyst solutions business to KPS Capital Partners, LP (KPS).
Chiyoda awarded FEED contract for Taiyo Oil SAF facilities
Chiyoda has announced that it has been awarded the FEED contract for installing SAF production facilities in Taiyo Oil’s Okinawa Operations, Japan.
BPCL and Oil India set to build US$11 billion refinery
BPCL and Oil India are set to build an integrated greenfield refinery and petrochemical plant in Ramayapatnam, India, with an estimated investment of IR1 lakh crore (US$11 billion).
Topsoe SOEC technology selected for Forestal’s e-methanol plant
Forestal has selected Topsoe to deliver its solid oxide electrolyser cell (SOEC) technology to produce hydrogen for Forestal’s e-methanol plant in Galicia, Spain.
Burckhardt Compression delivers optimised compression solution for LNG terminals
Burckhardt Compression has delivered a turnkey compression solution for a manufacturer of engineered cryogenic gas processing equipment and small scale LNG and industrial gas plants in Nicaragua and the Bahamas.
Projected oil surplus of nearly 4 million bpd in 2026 and slowing demand
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
Coming surge in LNG production is set to reshape global gas markets
The International Energy Agency's new medium-term outlook sees unprecedented expansion of LNG capacity by 2030, with implications for energy security, demand and affordability.
China to account for 60% of upcoming petrochemicals project starts in Asia by 2030
Asia is poised to dominate the global petrochemicals projects landscape, representing for nearly two-thirds of the projects slated to commence operations by the end of the decade, according to GlobalData.