Downstream news

The US Energy Information Administration has reported that many US states slightly increased their taxes and fees on gasoline in 2025, with highs recorded in California and lows in Alaska.

Syntholene Energy has selected Dynelectro as the electrolyser technology vendor for its synthetic fuel demonstration facility in Iceland.

YPF, Eni, and XRG have announced they have signed a binding joint development agreement to advance Argentina LNG.

INERATEC has begun collaborating with a consortium that is advancing the evaluation of a potential e-Fuel value chain at the Biobío region, Chile.

EIA forecasts that production of petroleum and other liquids will continue to exceed global demand, which results in Brent crude oil prices falling from an average of US$69/bbl in 2025 to US$58/bbl in 2026 and US$53/bbl in 2027.

Borouge, Borealis, Catalytic Finance Foundation, Pelita Mekar Semesta (PMS), and Reciki Solusi Indonesia, are set to establish Indonesia’s first fully integrated circular waste management ecosystem.

Exolum, Methanex Corp., and Ørsted, have announced the launch of the UK’s first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham.

ABB has launched a new software-as-a-service (SaaS) option for its energy management and optimisation platform, ABB AbilityTM OPTIMAX® 7.0, alongside improved advanced process control software.

JERA Co., Inc. has announced the signing of a long-term LNG sale and purchase agreement with QatarEnergy to secure the supply of 3 million tpy for 27 years.

Kevin Fletcher, ClydeUnion Pumps, USA, and Eric Ford, Graphalloy, USA, highlight the importance of pump servicing solutions for rapid turnaround of ageing refinery units.