Downstream news
Haffner Energy and IGNIS P2S launch bio/e-SAF project
Haffner Energy and IGNIS P2X have announced that they have begun their bio/e-SAF collaborative project AeroVerde, and their immediate task consists in identifying the project’s first site’s precise location in Spain.
BASF starts up steam cracker at Verbund site
BASF has commissioned the steam cracker at its newly built Verbund site in Zhanjiang in South China as scheduled.
Borouge advances AI operations at Ruwais facility
Borouge Plc has announced the completion of a proof of concept for AI-powered autonomous operations at its Ruwais facility, UAE, delivered in collaboration with Honeywell.
EcoCeres advances SAF in China
EcoCeres has achieved two major milestones in China – securing a place on the SAF Export ‘White List’ and earning the country’s airworthiness certificate for SAF production.
HPCL commissions upgrade to Visakh Refinery
Hindustan Petroleum Corp. Ltd (HPCL) has commissioned the Residue Upgradation Facility (RUF) at its Visakh Refinery, India.
Technip Energies awarded two large contracts by BPCL
Technip Energies has been awarded two large contracts by Bharat Petroleum Corp. Ltd (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India.
Woodside and BOTAS finalise long-term LNG supply agreement
Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.
Eni spins off refineries
Eni has transferred the management of its traditional refineries and depots in Europe and the Middle East to a new company: Eni Industrial Evolution S.p.A.
SAMSUNG E&A announces groundbreaking of low-carbon ammonia plant
SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it has broken ground on its Wabash Low-Carbon Ammonia Plant in the US.
Crude oil prices fell in 2025 amid oversupply
The US EIA has reported that crude oil prices generally declined in 2025 with supplies in the global crude oil market exceeding demand.