Downstream news

OC Global has signed an MoU with the city of Passo Fundo, Brazil, concerning support for the construction of an on-site green ammonia plant.

Baker Hughes has announced that it has completed its all-cash, US$540 million acquisition of Continental Disc Corp. (CDC) from investment partnerships managed by Tinicum Inc.

Hargrove Controls & Automation has announced a new partnership with ABB to deploy industrial digitalisation solutions for its clients across the refining, petrochemicals, and heavy manufacturing sectors.

AVTL has announced a positive final investment decision (FID) to build a greenfield terminal in the Jawaharlal Nehru Port Authority (JNPA) port in Mumbai, India.

Clariant has unveiled advancements in its stabiliser portfolio, combining expanded production capacity in China with applications that enhance performance in artificial turf applications and medical sectors.

Emvolon, an MIT spin-off, and Montauk Renewables, Inc. have announced a joint venture (JV) to develop multiple biogas-to-green methanol projects.

Axpo has completed Spain's first ship-to-ship bio-LNG bunkering operation at the Port of Algeciras in the large container shipping industry.

SAMSUNG E&A has received a letter of award for the FEED contract for the Indonesia INPEX Abadi Onshore LNG project from INPEX Masela Ltd.

The US EIA has reported that energy prices were more volatile in the 2Q25 amid uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East.

KBC (A Yokogawa Company) has announced the launch of Petro-SIM® v7.6, the latest release of its digital twin process simulation platform for the upstream and downstream oil and gas sectors.