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.
ExxonMobil expands chemical production at Baytown
ExxonMobil has announced the startup of two new chemical production units at its Baytown, Texas, US, manufacturing facility.
EIA: energy use for transportation increased from pre-pandemic levels in 2021
Use of energy for transportation remained low in the US during 2021 compared with pre-pandemic levels and only increased in 12 states.
EIA: US exported a record volume of natural gas 1H23
The US exported more natural gas in 1H23 than in any other previous six-month period, 11% more than in the same period in 2022.
Sempra Infrastructure completes sale of non-controlling interest in Port Arthur LNG Phase 1
Sempra Infrastructure has announced that it has completed the sale of a 42% indirect, non-controlling interest in its Port Arthur LNG Phase 1 project to KKR.
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.
Venture Global and Baker Hughes announce expanded master equipment supply agreement
Venture Global LNG has announced its long-term expansion plan to increase production from 70 million tpy to more than 100 million tpy of nameplate LNG export capacity.
EIA: US exports largest quantity of LNG in 1H23
The US exported more LNG than any other LNG-exporting country in the first six months of 2023.
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.