Downstream news

Eni, through its satellite company Azule Energy – a 50:50 joint venture with bp and the operator of the New Gas Consortium (NGC) – inaugurated the NGC Gas Treatment Plant in Soyo, Northern Angola.

HES Botlek Tank Terminal (HBTT) has agreed on a new long-term agreement with one of its key customers, resulting in 65% of its storage capacity being dedicated to biofuels as of 1 January 2026.

The Zambia Development Agency has handed over the investment licence to China Zambia Petrochemical Corp. for the development of a US$1.1 billion crude-oil refinery and integrated energy complex in Ndola, Zambia.

On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.

Celtic Renewables has appointed engineering design consultancy, Allen Associates, to finalise the design of the proposed new industrial-scale green chemical production plant in Grangemouth, Scotland.

Venture Global Inc. and Tokyo Gas Co. Ltd have announced the execution of a new, long-term LNG sales and purchase agreement (SPA).

Sonatrach and Sinopec Guangzhou Engineering Co. Ltd have signed a contract relating to the construction of a hydrotreating and reforming unit (CCR type) to treat heavy naphtha at the Arzew refinery, Algeria.

AFPM President and CEO Chet Thompson has issued a statement on the Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act (H.R. 3109).

Dangote Refinery and has selected Honeywell to supply technology and services to help enable the refinery to process a wider range of crude and double the production capacity by 2028.

Nikkiso has announced that it has been awarded a contract by Matheson Tri-Gas Inc. to build an air separation unit in Las Vegas, Nevada, US, scheduled for completion in 2027.