Downstream news

Ammobia has raised US$7.5 million to scale its low-cost ammonia production technology which has the potential to be critical to energy resilience.

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.

TotalEnergies and Bapco Energies have launched BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery.

EIA expects that the US benchmark natural gas spot price at the Henry Hub to decrease about 2% to just under US$3.50 per million Btu in 2026 before rising sharply in 2027 to just under US$4.60 million Btu.

Aether Fuels has announced new leadership appointments and US$15 million in additional funding that will help accelerate the company’s momentum toward full commercialisation.

CB&I has been awarded a contract by We Energies to design and build a full-containment LNG storage tank for a peak shaving facility in Wisconsin, US.

The US Energy Information Administration (EIA) has published the newest short-term energy outlook (STEO), including forecasts for 2027.

The Indonesian President has inaugurated upgrades to the Balikpapan Refinery, a National Strategic Project that marks a significant milestone in strengthening Indonesia's energy security and sovereignty.

Uniper and AM Green Ammonia have signed a long-term offtake agreement for up to 500 000 tpy of renewable ammonia from India.

Coastal Bend LNG has selected KBR, Inc. and Técnicas Reunidas for the FEED of its planned natural gas liquefaction and export facility along the Texas Gulf Coast.