Positive Industry News and Events
Downstream
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CF Industries Advances $3.7 Billion Blue Point Blue Ammonia Project in Louisiana
CF Industries advances its $3.7B Blue Point blue ammonia project in Louisiana, with 1.4 million metric tons of capacity and 2029 production targeted. More
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Venture Global Reports $5.6 Billion in CP2 Capital Spending as Plaquemines Phase 1 Nears Commercial Operations
Venture Global reports $5.6B in first-half CP2 capital spending as CP2 targets first LNG in late 2027 and Plaquemines Phase 1 nears commercial operations. More
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Calumet Completes First Stage of MaxSAF 150 Expansion at Montana Renewables
Allstream Insiders Summary Calumet completed the first stage of its MaxSAF® 150 expansion at Montana Renewables during the second quarter of 2026, pairing the project with a planned facility turnaround before restarting operations in early May. The company’s quarterly filing says the combined expansion and turnaround was completed in approximately 48 days. Calumet estimated that […] More
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Westlake Completes $109 Million Wilhelmshaven PVC and VCM Acquisition as First-Half Capital Spending Reaches $416 Million
Allstream Insiders Summary Westlake Corporation completed the acquisition of a PVC and vinyl chloride monomer production site in Wilhelmshaven, Germany, for a preliminary purchase price of approximately $109 million, adding 838 million pounds of annual PVC capacity and 882 million pounds of annual VCM capacity to its Performance and Essential Materials business. The Houston-based manufacturer […] More
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ENEOS to Acquire TPC Group and Expand Gulf Coast C4 Chemicals Platform
The transaction covers TPC Group’s Houston manufacturing operation and terminals in Port Neches and Lake Charles, with closing planned for October 2026 subject to regulatory approvals. Published by Allstream Insiders. Allstream Insiders Summary ENEOS Holdings has entered into a definitive agreement to acquire TPC Holdings, the parent of TPC Group, adding a U.S. Gulf Coast […] More
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Phillips 66 Reaches Full Production at Dos Picos II and Advances Gulf Coast Projects with $2.4B in Capital Budgeted
Phillips 66 reached full production at Dos Picos II and advanced Zeus, Coastal Bend, Golden Triangle and Ras Laffan projects through 2028. More
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Energia Costa Azul Ships First LNG Cargo, Adds 0.4 Bcf/d of Mexico Export Capacity
Energia Costa Azul shipped its first Phase 1 LNG cargo on July 8, 2026, adding 0.4 Bcf/d of nominal export capacity while still in commissioning. More
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INEOS Project ONE modules escape Strait of Hormuz to reach Antwerp.
This article is brought to you by: State Service, leaders in Modular Fabrication and Design with a Module Yard in Ingleside, Texas The first of two critical modules for INEOS’ €5bn engineering project in Antwerp arrived today after being trapped in the Strait of Hormuz for months. The final two modules complete the Project ONE […] More
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Glenfarne Group, a Leading LNG Developer, Plans $1.5 Million Office Build-Out at 2 Houston Center, Further Strengthening Its Houston Presence
HOUSTON, Texas — Public records filed with the Texas Department of Licensing and Regulation indicate that Glenfarne Group is planning a significant office build-out at 2 Houston Center, located at 909 Fannin Street, Suite 3450, Houston, Texas 77010, further reinforcing downtown Houston’s position as a destination for major energy infrastructure companies.According to the Texas Department […] More
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