Downstream news
Sparta: Potential impact of continued disruption in the Strait of Hormuz
Neil Crosby, AVP Oil Analytics at Sparta, provides commentary on the potential impact of continued disruption in the Strait of Hormuz.
EnerMech secures five year contract with Ampol
EnerMech has secured a five-year contract to deliver integrated mechanical, electrical, and instrumentation (ME&I) maintenance services at Ampol’s Lytton Refinery in Brisbane, Australia.
ICIS: Hormuz crisis tightens global plastics and chemical markets
Escalating conflict in the Middle East and restrictions at the Strait of Hormuz are disrupting critical global flows of chemicals, plastics, and energy, the ICIS has reported.
Moeve begins construction of hydrogen project
Moeve has reached the final investment decision to begin construction of Southern Europe’s largest green hydrogen project, located in Andalusia, Spain.
Venture Global announces LNG purchase agreement with Trafigura
Venture Global, Inc. and Trafigura have announced the execution of an agreement for the purchase of approximately 0.5 million tpy of US LNG for five years commencing in 2026.
ICIS: war in the Middle East and consequences for energy markets
ICIS has provided analysis and context on the evolving situation in the Middle East and its impact on energy markets.
VAROPreem supplies renewable diesel in Norway
VAROPreem has launched Preem Redefine HVO100, a Nordic Swan-Ecolabelled fuel, in Norway.
GlobalData: escalating Gulf conflict set to disrupt Hormuz oil flows
Jaison Davis, Economic Research Analyst at GlobalData, provides commentary on GCC exports, with global energy markets in flux.
IGU releases statement on the escalating conflict in the Middle East
The International Gas Union (IGU) has released a statement on the escalating conflict in the Middle East and its impact on global energy security.
TotalEnergies signs LNG export agreement with Alaska LNG project
TotalEnergies has signed a preliminary agreement with Glenfarne for the long-term offtake of 2 million tpy of LNG from the Alaska LNG project over 20 years.