North America downstream news

Kino Aski Inc. and Marinvest Energy Canada Inc. have announced the joint development of Kino Aski LNG, a First Nations-led energy corridor and LNG project designed to supply Europe with competitive, low-carbon Canadian energy.

Waterborne shipments of crude oil and petroleum products from the US Gulf Coast to the West Coast more than quadrupled year-on-year in April and May following a waiver that permitted a broader group of ships to travel between US ports, the US EIA has reported.

Phillips 66, Kinder Morgan, Inc., and HF Sinclair Corp. have announced they have finalised a joint venture agreement and made a final investment decision to move forward with the proposed Western Gateway Pipeline system.

Topsoe has signed an agreement with First Ammonia to provide its ammonia synthesis technology for the company’s green ammonia production facility in Victoria, Texas, US.

API considers how months of disruption in the Strait of Hormuz have tested global energy markets, leaving the world with less cushion and less margin for error, and how the US energy system has managed the turbulence.

Convertus Group has announced the successful financial close of $135 million in project financing for its flagship biofuel facility located in York Region, Ontario, Canada.

Baker Hughes has announced a major order from Venture Global LNG to provide a comprehensive liquefaction solution for its CP2 LNG expansion project in Louisiana, US.

Energia Costa Azul, the second LNG export facility in Mexico, shipped its initial cargo from Phase 1 of the terminal on 8 July 2026, according to the project developer, the US EIA has reported.

Glenfarne Group, LLC announced a US$500 million investment with lead investors being investment funds and accounts managed by global investment firm, HPS Investment Partners, a part of BlackRock.

OXEA has announced its Final Investment Decision (FID) for a major capacity expansion at its Bay City, Texas, US, production site.