Europe downstream news

Tecnimont (MAIRE) attended the groundbreaking ceremony of the Tengiz Gas Separation Complex (GSC) project in the Atyrau Region, Kazakhstan.

An independent study commissioned by Ithaca Energy and endorsed by OEUK shows that 65% of UK crude production ultimately serves UK market through European refining network, Wood Mackenzie analysis reveals.

INEOS has announced a €250 million investment programme to regenerate and modernise its cracker at Lavera, France, as part of a move to secure the future of one of the nation’s most important industrial sites.

Verso Energy have announced the selection of Rely to deliver the front-end engineering design (FEED) for the DEZiR eSAF project in Petit-Couronne, Normandie, France.

OMV and Masdar have signed a binding agreement to develop and operate a new 140 MW green hydrogen electrolyser plant in Bruck an der Leitha, Austria, to decarbonise OMV's Schwechat refinery.

Blue Circle Olefins has secured funding for the next phase of ProjectNL, the development of a commercial methanol to olefins (MTO) production facility in the Netherlands.

Fluor Corp. has announced that it has been awarded a contract by LanzaJet for the front-end engineering and design (FEED) of a sustainable aviation fuel (SAF) production hub in North Yorkshire, England, UK.

Europe’s construction of LNG import terminals is losing momentum, indicating that countries across the continent overestimated future gas demand, the IEEFA has reported.

The EU’s carbon storage targets face a significant shortfall, with expected available injection capacity by 2030 falling well below the required 50 million tpy, according to new Wood Mackenzie analysis.

The US is on track to export a record amount of fuel ethanol for the second year in a row in 2025, driven by growing international demand, the EIA has reported.