Downstream news

OXCCU, the Oxford University spin-out developing a one-step process to convert waste carbon into SAF, has raised £20.75 million ($28 million) in a Series B funding round.

The EIA expects US total distillate inventories will end 2025 and 2026 at lower levels than previous years because of significant inventory draws in 2025, strong export demand, and domestic production declines.

This Spotlight Interview explores Ebara Elliott Energy's article, ‘Making the switch to electric’, which featured in the August 2025 issue of Hydrocarbon Engineering magazine.

Woodside has signed an LNG heads of agreement (HoA) to supply BOTAS with 5.8 billion m3 natural gas equivalent of LNG for up to nine years starting in 2030.

Wood Mackenzie has disclosed that oil and gas companies need to brace for a tough 2026 as capital budgets fall and low-carbon spending faces further cuts.

ExxonMobil Basestocks has announced the first shipment of Group II base stocks from new units as part of the Singapore Resid Upgrade Project.

NEXTCHEM has opened a new regional office in Abu Dhabi, UAE, to advance energy transition in the Middle East with its portfolio of sustainable technologies.

Wood Mackenzie has released its assessment of the LNG market, following Gastech 2025 in Milan, Italy.

Lummus Technology and Synthomer have announced the launch of a new partnership to license Synthomer's proprietary acrylic acid esters technology.

Exmar has signed contracts with Regasificadora Del Pacífico S.A.S. (RDP) in respect of the deployment of a floating storage unit (FSU) on the west coast of Colombia.