North America downstream news

Binh Son Refining and Petrochemical JSC (BSR) has signed several memoranda of understandings (MoUs) with leading US energy firms, marking a fresh step forward in bilateral energy cooperation.

Baker Hughes has announced an agreement with Marathon Petroleum to become its preferred provider for hydrocarbon treatment products and services at refineries across the US.

Valmet has received orders from Dow to supply turnkey process analytical solutions for its Path2Zero project at its Fort Saskatchewan site in Alberta, Canada.

Dow has announced a comprehensive plan to simplify how it operates and streamline its end-to-end processes, targeting at least US$2 billion in near-term operational EBITDA.

Abundia Group has announced that it has appointed Burns & McDonnell as its lead engineer to deliver the FEED package for its first waste-plastics-to-renewable products recycling facility in Baytown, Texas, US.

Baker Hughes has announced the latest release of Cordant™ (Release 26.1) industrial software, featuring expanded capabilities to help operational reliability, performance consistency, and sustainability initiatives.

The newly-launched North American LNG Export Tracker from the Institute for Energy Economics and Financial Analysis visually tells the story of the LNG boom across the continent, export destinations, and the impact on consumers.

XRG will increase its overall participation in Rio Grande by acquiring additional 7.6% equity interests in Trains 4 and 5 of the Rio Grande LNG project, Texas, US, from an acquisition vehicle of Global Infrastructure Partners.

The IEA has predicted that rapid expansion of LNG supply, mostly from North America, is expected to reduce market pressures at a time of heightened geopolitical uncertainty.

CF Industries Holdings Inc., Trafigura, and TFG Marine have announced the signing of a memorandum of understanding (MoU) to facilitate the adoption of low-carbon ammonia as a marine fuel.