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North America downstream news

EIA: changes in US residential natural gas prices lag spot prices

Monthly average natural gas wholesale spot prices at the US benchmark Henry Hub have been generally declining so far in 2023, but these relatively low prices do not immediately translate into lower retail prices for residential consumers.

 
 
 
 
 

DNV acquires ANB Systems

DNV has acquired ANB Systems to enhance its digital energy management capabilities and accelerate the energy transition.

 

EIA: production cuts drive sour crude price increases

Production cuts among OPEC+ members are limiting availability of medium and heavy sour grades of crude oil and contributing to higher relative prices for these grades, reversing typical price relationships.

 
 
 

Brightmark and Chevron announce delivery of RNG from Larson Project

Brightmark RNG Holdings LLC, a joint venture (JV) partnership between Chevron and Brightmark Fund Holdings LLC, have announced the delivery of the first renewable natural gas (RNG) from its Larson Project in Okeechobee County, Florida, US.