Europe downstream news
Oil product deliveries from Exolum to Spanish market increase
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 moves to next phase for Project Amplifhy
VTTI has moved to the next phase of its open season for Project Amplifhy following strong market interest.
EIA forecasts slowed world oil consumption growth
The EIA has forecast that world oil consumption growth will slow amid less economic activity.
Carbon Clean announces successful factory test of CycloneCC C1 technology
Carbon Clean has announced the successful factory test of its CycloneCC C1 technology at commercial scale in the UK.
First European-built offshore carrier for CCS launches
INEOS and Royal Wagenborg have launched the first European-built offshore carbon dioxide carrier for carbon capture and storage.
Höegh Evi signs FSRU charter to expand Egypt’s role in the Middle East
Höegh Evi has signed an FSRU charter with EGAS, supporting Egypt’s role as energy hub in the Middle East.
BASF set to produce renewable ammonia in Central Europe
BASF has become the first producer of renewable ammonia in Central Europe at its Verbund site in Ludwigshafen, Germany.
LBC Rotterdam completes construction of 36 storage tanks
LBC Rotterdam have announced the completion and the arrival of all 36 new storage tanks.
Exolum invests €50 million into Barcelonan airport fuel infrastructure
Exolum has made plans to invest over €50 million in improving storage and distribution infrastructure for aviation fuel at Barcelona-El Prat Airport, Spain.
BW Singapore FSRU completes commissioning
BW Singapore FSRU has completed its commissioning with commercial operations set to begin in May 2025.