North America downstream news
API urges US policymakers to advance legislation for stable, efficient fuels marketplace
The API has joined organisations representing ethanol producers, oil refiners, fuel marketers, travel plazas, truck stops, and convenience store retailers to express the need for long-term policy certainty across the fuel sector.
ITT to acquire SPX FLOW
ITT Inc., a provider of highly engineered critical components, has announced it has entered into a definitive agreement with Lone Star Funds to acquire SPX FLOW, a provider of highly engineered equipment and process technologies.
AFPM: revised fuel economy standards would put CAFE back on solid legal footing
AFPM President and CEO Chet Thompson has issued a statement on the Trump administration’s proposed revised 2027 - 2031 Corporate Average Fuel Economy (CAFE) Standards.
Geopolitical developments contribute to elevated diesel prices
The US Energy Information Administration (EIA) considers key geopolitical developments that have contributed to rising diesel prices in the final months of 2025.
JCEDF hosts groundbreaking ceremony for BWC Terminals’ new facility
Jackson County Economic Development Foundation (JCEDF) has hosted a groundbreaking ceremony for BWC Terminals’ new facility in Pascagoula, Mississippi, US, which will receive, store, and deliver petroleum products.
Five key ways to decarbonise downstream
Wood Mackenzie explores how the refining and petrochemical sectors can cut emissions, exploring opportunities and challenges for operators.
Agreement signed for Live Oak project
TotalEnergies, TES, Osaka Gas, Toho Gas, and ITOCHU have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project.
Centrica Energy and Exodus sign LNG agreement
Centrica Energy has announced the signing of a long-term sale and purchase agreement to supply LNG to Exodus for Honduras.
US average gasoline prices this Thanksgiving similar to last
On the Monday before Thanksgiving, the US retail price for regular-grade gasoline averaged US$3.06/gal., just ¢2/gal. higher than the same time in 2024, the EIA has reported.
Venture Global and Tokyo Gas announce new LNG SPA
Venture Global Inc. and Tokyo Gas Co. Ltd have announced the execution of a new, long-term LNG sales and purchase agreement (SPA).