North America downstream news
Neste’s commissions terminal capacity at ONEOK’s terminal for SAF blending
Neste has commissioned terminal capacity at ONEOK’s terminal in Houston, Texas, US, for blending and storing Neste MY Sustainable Aviation Fuel™.
Honeywell to acquire Air Products' LNG process technology and equipment business
Honeywell and Air Products have jointly announced that Honeywell has agreed to acquire Air Products' LNG process technology and equipment business for US$1.81 billion in an all-cash transaction.
Fluor JV moves closer to completion
Fluor Corp. has announced completion of the final weld on the first production train at the LNG Canada project, in Kitimat, British Columbia, Canada.
EIA: US biodiesel imports have doubled since 2022 due to low prices in Europe
Annual US biodiesel imports doubled from 2022 to 2023 to 33 000 bpd and continued to rise in the first two months of 2024, according to the most recent data available.
EIA: higher refining costs could increase summer gasoline prices
The EIA reports that average monthly prices for regular-grade retail gasoline in the US could increase by more than 10 cents per gal. if refinery output is lower than expected.
TotalEnergies and Vanguard Renewables join forces to develop RNG in the US
TotalEnergies and Vanguard Renewables have signed an agreement to create an equally owned joint venture to develop, build, and operate Farm Powered® renewable natural gas (RNG) projects in the US.
Air Liquide further develops biomethane capacities in the US
Air Liquide is continuing to expand its capacities in biomethane (RNG) with the construction of two new production units.
US refiners and chemical manufacturers lead hydrogen production and consumption
The EIA reports that US manufacturers specialising in chemicals and petroleum refining have traditionally accounted for the largest shares of both hydrogen consumption and production.
EIA expects low natural gas prices to continue in 2024
The US Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about US$2.25 per million Btu in 2024, a 10% decrease from 2023 and a 65% decrease from 2022.
Air Products awards a module fabrication agreement to Worley
Air Products Canada Ltd. has awarded Worley an agreement to provide procurement, fabrication and modularisation services for its Net-Zero Hydrogen Energy Complex in Canada.