Europe downstream news
NEXTCHEM and Siemens Energy strengthen collaboration
NEXTCHEM and Siemens Energy have signed a memorandum of understanding to further develop sustainable solutions such as low-carbon fuels and circular use of resources.
Plug Power installs electrolysers at Galp’s refinery
Plug Power has completed the installation of 100 MW GenEco Electrolyser Units at Galp’s Sines Refinery, Portugal.
IEA: Growth in global demand for natural gas is set to accelerate in 2026
The IEA has predicted that rapid expansion of LNG supply, mostly from North America, is expected to reduce market pressures at a time of heightened geopolitical uncertainty.
Tepsa wins EOI
Grand Port Maritime de Dunkerque has selected Tepsa following an expression of interest (EOI) for the part of the former SRD refinery brownfield site, France.
Port of Gävle signs 25-year agreement with Inter Terminals
Port of Gävle has signed a new 25-year agreement with Inter Terminals, increasing long-term stability and Inter Terminals transition towards fossil-free operations through the storage of SAF at the Port of Gävle, Sweden.
IEEFA: EU risks new energy dependence on US
Research by the IEEFA shows the EU’s rising reliance on US LNG has created a potentially high-risk geopolitical dependency and could cause it to miss its gas demand reduction commitments.
Orlen to build solar project at Plock refinery
Orlen are set to build a 40 MW solar project in the immediate vicinity of Orlen’s production plant in Plock, Poland.
Wood Mackenzie estimates energy costs could fall by €39 billion by 2032
A wave of new LNG supply could reverse a decade of European industrial decline, cutting annual energy costs by €39 billion by 2032 according to Wood Mackenzie's latest Horizons report.
VARO completes acquisition of Preem
VARO Energy has announced that it has completed the Preem AB acquisition, marking the delivery of VARO Energy’s 2022 ONE VARO Transformation strategy by creating VAROPreem.
Econotherm secures contract at Rotterdam refinery
Econotherm has announced that it has been awarded a contract exceeding €3 million for the supply of three fired heater air pre-heaters in a Rotterdam-based refinery, the Netherlands.