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Venture Global Reports $5.6 Billion in CP2 Capital Spending as Plaquemines Phase 1 Nears Commercial Operations

Venture Global Reports $5.6 Billion in CP2 Capital Spending as Plaquemines Phase 1 Nears Commercial Operations

by Efrain Garcia | Aug 12, 2026 | Downstream News

Allstream Insiders Summary Venture Global reported $5.618 billion of capital expenditures at its CP2 LNG project during the first six months of 2026 as construction advanced toward first LNG in the second half of 2027. The company’s August 11 project update said...
Calumet Completes First Stage of MaxSAF 150 Expansion at Montana Renewables

Calumet Completes First Stage of MaxSAF 150 Expansion at Montana Renewables

by Efrain Garcia | Aug 9, 2026 | Downstream News

Published by Allstream Insiders – Efrain Garcia 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...
Valero Targets Third-Quarter Startup for $230 Million St. Charles FCC Optimization

Valero Targets Third-Quarter Startup for $230 Million St. Charles FCC Optimization

by Efrain Garcia | Aug 9, 2026 | Downstream News

Allstream Insiders Summary Valero Energy Corporation expects to complete and begin operating its $230 million fluid catalytic cracking unit optimization project at the St. Charles Refinery during the third quarter of 2026. The project is intended to enhance the...
Amazon Links $66.1 Billion Increase in Infrastructure Spending to AI as AWS Secures Multi-Gigawatt Commitments

Amazon Links $66.1 Billion Increase in Infrastructure Spending to AI as AWS Secures Multi-Gigawatt Commitments

by Efrain Garcia | Aug 9, 2026 | Downstream News

Amazon’s second-quarter update identifies accelerating AI infrastructure investment and multi-year Trainium commitments from Anthropic and OpenAI, but does not name individual data-center or power projects. Published by Allstream Insiders Allstream Insiders...
Westlake Completes $109 Million Wilhelmshaven PVC and VCM Acquisition as First-Half Capital Spending Reaches $416 Million

Westlake Completes $109 Million Wilhelmshaven PVC and VCM Acquisition as First-Half Capital Spending Reaches $416 Million

by Efrain Garcia | Aug 9, 2026 | Downstream News

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...
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