North America downstream news

Even if a deal is struck, Rystad Energy cautions that the consequences for physical oil markets will be slower and more conditional than futures prices are currently pricing in.

Ameresco Inc. and HA Sustainable Infrastructure Capital Inc. have announced their agreement to spin off Ameresco’s biofuels business into a newly formed joint venture, Neogenyx Fuels.

Process Consulting Services, Inc. (PCS) has been selected to provide crude and vacuum unit designs for the newly announced America First Refining (AFR) Project in Brownsville, Texas, the first grass-roots refinery built in the US in over 50 years.

INEOS Acetyls and Sandpiper Chemicals, LLC today announced the formation of a strategic collaboration in support of Sandpiper’s low-carbon methanol production facility in Texas City, Texas, US.

Prices for natural gas in Europe and Asia have diverged from those in the US since the 28 February closure of the Strait of Hormuz, the US EIA has reported.

The API and AFPM have issued a statement following the introduction of legislation to address a wave of lawsuits and 'climate superfund' laws targeting US energy producers.

Phillips 66 and Kinder Morgan Inc. have announced the advancement of the Western Gateway Pipeline, a proposed refined products pipeline system, following a successful second open season.

Spire Inc. and I Squared Capital have announced that they have entered into an agreement in which I Squared will acquire Spire's natural gas storage assets in Wyoming and Oklahoma (Spire Storage).

Annual motor gasoline consumption in the US decreased in 2025 even as vehicle miles travelled increased because of increasing fuel efficiency, a trend the EIA forecast will continue in 2026 and 2027.

Axens has announced that it has been selected by America First Refining (AFR) as the technology licensor for its large-scale refining facility at the Port of Brownsville, Texas, US.