Europe downstream news

Ceres Power Holdings plc has announced that its first megawatt solid oxide electrolyser cell (SOEC) demonstrator system is now producing hydrogen.

Penspen has secured a multi-million-pound contract to advance a ground-breaking HyNet CO2 pipeline project.

Deliveries of oil products from Exolum terminals to the Spanish market increased by 7.1% in April 2025 compared to the same period in 2024.

VTTI has moved to the next phase of its open season for Project Amplifhy following strong market interest.

The EIA has forecast that world oil consumption growth will slow amid less economic activity.

Carbon Clean has announced the successful factory test of its CycloneCC C1 technology at commercial scale in the UK.

INEOS and Royal Wagenborg have launched the first European-built offshore carbon dioxide carrier for carbon capture and storage.

Höegh Evi has signed an FSRU charter with EGAS, supporting Egypt’s role as energy hub in the Middle East.

BASF has become the first producer of renewable ammonia in Central Europe at its Verbund site in Ludwigshafen, Germany.

LBC Rotterdam have announced the completion and the arrival of all 36 new storage tanks.