Downstream news

Valmet has received an order to deliver a Valmet DNAe Distributed Control System (DCS) for a CO2 liquefaction plant at Auris Energia’s biogas plant in Mäntsälä, Finland,

Crude oil inventories held at storage facilities in Cushing, Oklahoma, US, fell below 20 million bbl during the week ending 19 June until the week ending 10 July, according to EIA's Weekly Petroleum Status Report.

The transaction is expected to further strengthen ABB’s focus on electrification and automation and expand its offering for large and complex infrastructure and industries.

Kent has announced the signing of Long-Term Agreements and Project Management Consultancy agreements with Aramco, further establishing the company’s presence in the Kingdom of Saudi Arabia.

Shell Bahamas Power Company Inc. has taken a final investment decision on an LNG regasification terminal in the Bahamas.

Emerson has introduced software that automates two of refining’s most time-intensive and margin-critical processes: crude scheduling and product blending.

RapiCure has announced that it has been selected by Chevron Technology Ventures for its Catalyst Program™ aimed at accelerating technology innovation within the energy sector.

Axens has announced the launch of the ERA project, France’s first industrial-scale SAF production unit based on advanced bioethanol.

Petroleum markets in 2Q26 were characterised by continued disruptions to international crude oil and petroleum product flows through the Strait of Hormuz, contributing to higher and more volatile crude oil prices through most of the quarter, the EIA has reported.

UNIMOT Paliwa imported a seaborne shipment of crude oil to Gdansk in July 2025, which will be transported from the Naftoport terminal to the PCK refinery in Schwedt, Germany, using PERN's pipeline infrastructure.