Downstream news
Moeve begins construction of hydrogen project
Moeve has reached the final investment decision to begin construction of Southern Europe’s largest green hydrogen project, located in Andalusia, Spain.
Venture Global announces LNG purchase agreement with Trafigura
Venture Global, Inc. and Trafigura have announced the execution of an agreement for the purchase of approximately 0.5 million tpy of US LNG for five years commencing in 2026.
ICIS: war in the Middle East and consequences for energy markets
ICIS has provided analysis and context on the evolving situation in the Middle East and its impact on energy markets.
VAROPreem supplies renewable diesel in Norway
VAROPreem has launched Preem Redefine HVO100, a Nordic Swan-Ecolabelled fuel, in Norway.
GlobalData: escalating Gulf conflict set to disrupt Hormuz oil flows
Jaison Davis, Economic Research Analyst at GlobalData, provides commentary on GCC exports, with global energy markets in flux.
IGU releases statement on the escalating conflict in the Middle East
The International Gas Union (IGU) has released a statement on the escalating conflict in the Middle East and its impact on global energy security.
TotalEnergies signs LNG export agreement with Alaska LNG project
TotalEnergies has signed a preliminary agreement with Glenfarne for the long-term offtake of 2 million tpy of LNG from the Alaska LNG project over 20 years.
AFPM to EPA: Please, no last-minute RVP waivers in 2026
AFPM President and CEO Chet Thompson sent a letter to EPA Administrator Lee Zeldin to urge EPA to avoid a repeat of 2025’s 11th hour emergency RVP waivers for summer gasoline sold in the Midwest.
DOE approves export expansion at Corpus Christi LNG
The US Secretary of Energy has signed an export authorisation for a 12% expansion?in exports at Cheniere Energy’s Corpus Christi LNG terminal.
Wood Mackenzie: oil prices could hit US$100/bbl as Strait of Hormuz traffic halts
Higher oil and gas prices are certain as the closure of the Strait of Hormuz threatens to disrupt 15% of global oil supply and 20% of global LNG supply if tanker flows are not quickly restored, according to Wood Mackenzie.