Downstream news
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.
SIAD selected for Pacifico Mexinol project
SIAD Americas LLC has been selected to provide an air separation unit for the Pacifico Mexinol ultra-low carbon methanol project in Sinaloa, Mexico.
Braskem to increase ethylene and polyethylene production
Braskem S.A. has announced it will increase the ethane base capacity of its petrochemical plant in Rio de Janeiro, Brazil, by 220 000 tpy of ethylene and equivalent volumes of polyethylene.
Baker Hughes to supply technology for Blue Point Number One
Baker Hughes has announced an award from Technip Energies to supply a steam turbine generator along with critical centrifugal compression equipment for the Blue Point Number One Ammonia Project in Modeste, Louisiana, US.
Crystaphase named partner in collaboration award winner by Marathon Petroleum Corp.
Crystaphase has been named a Partner in Collaboration award winner in Marathon Petroleum Corp.’s 10th Annual Supplier Recognition Awards.
Plug Power partners with Edgewood Renewables
Plug Power has partnered with Edgewood Renewables to build a renewable fuels facility in Nevada, US, utilising renewable natural gas and low-carbon hydrogen.
US biofuels production capacity growth slowed in 2024
The pace of capacity additions for US biofuel production slowed in 2024, with production capacity increasing by a modest 3% from the start of 2024 to the start of 2025, according to the EIA’s latest biofuels production capacity reports.