Downstream news

Toyo and RET have been awarded the first phase of a major overhaul project for a large scale gas chemical complex in Turkmenistan, owned by Turkmenhimiya.

The US Energy Information Administration (EIA) expects U.S. drivers will spend less than 2% of their personal disposable incomes on gasoline in 2025 – the lowest share since 2005, excluding 2020.

Clariant has announced a supply agreement with SYPOX to manufacture and deliver catalysts for one of the largest electric steam methane reformers (e-SMR).

Phillips 66 has announced that it has entered into a definitive agreement to acquire the remaining 50% ownership interest in WRB Refining LP from subsidiaries of Cenovus Energy Inc.

Worley has been awarded a contract by Preem for FEED verification for the planned conversion of the ICR plant at the Lysekil refinery in Sweden.

Swift Fuels has announced that it has signed an exclusivity agreement with Diamond, under which Diamond will reserve land on its site while Swift Fuels evaluates the potential construction of a demonstration-scale LG2F™ plant in Louisiana, US.

NERSA has approved the application by Cape Ocean Terminals for a combined to construct a petroleum storage facility and a pipeline connecting it to Berth 104 at the Port of Saldanha, Western Cape, South Africa.

Aramco, Sinopec, and FPCL have announced the establishment of a new joint venture, Fujian Sinopec Aramco Refining and Petrochemical Co., Ltd, to develop an integrated refining and petrochemical complex in China.

BTG Bioliquids BV and NanosTech have signed an MOU to deliver a fully integrated solution to produce advanced, drop-in biofuels.

MAIRE has announced that NEXTCHEM has been awarded an engineering study contract by Altalto Ltd based on its proprietary technologies for a SAF plant in the UK.