North America downstream news

Topsoe, a provider of technology and solutions for the energy transition, has been selected as the renewable diesel technology partner for CountryMark’s Mount Vernon, Indiana refinery, US.

German energy company Uniper and Tourmaline Oil Corp. have finalised an eight-year physical gas agreement.

In the AEO2025, the US EIA has projected regional differences in natural gas markets that will encourage increased natural gas flows from the mid-Atlantic to the southern Gulf Coast in the coming decades.

Following a slowdown in 2025, growth in global demand for natural gas is expected to rise in 2026, according to the IEA’s 2Q25 Gas Market Report.

BASF and AltaGas have signed a long-term commercial agreement for the supply of butane via AltaGas and Royal Vopak's Ridley Island Energy Export Facility (REEF) commencing in 2027.

The average historical volatility of the daily Henry Hub front-month futures price trended downward through 1H25, with quarterly volatility falling from a recent high of 81% in the 4Q24 to 69% by mid-2025.

The US exported more crude oil to Nigeria than it received from Nigeria for the first time in February and March 2025, the US Energy Information Administration (EIA) reports.

bp has announced that it has agreed to sell its US onshore wind business, BP Wind Energy North America Inc. (bp Wind Energy), to LS Power, as part of its divestment programme to focus business on low-carbon energy and oil and gas.

Argent LNG has selected GIS Engineering as its ‘below-the-bolts’ engineering partner to spearhead FEED, site preparation, and regulatory development for the company’s flagship project at Port Fourchon.

Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission pre-filing and permitting process for its 25 million tpy LNG export project in Louisiana.