North America downstream news

Transition Industries LLC has signed a long-term methanol sales and purchase agreement (SPA) with Mitsubishi Gas Chemical Co., Inc. (MGC) for the offtake of ultra-low carbon methanol from its Pacifico Mexinol project, Mexico.

US exports of refined petroleum products have increased steadily over 2025, with exports totalling 6.3 million bpd in January 2026, about 10% more than in January 2025 and near record highs, according to data from Vortexa.

ExxonMobil’s third advanced recycling unit at it's complex in Baytown, Texas, US, is now operational.

The US Energy Information Administration has reported that many US states slightly increased their taxes and fees on gasoline in 2025, with highs recorded in California and lows in Alaska.

Binh Son Refining and Petrochemical JSC (BSR) has signed several memoranda of understandings (MoUs) with leading US energy firms, marking a fresh step forward in bilateral energy cooperation.

Baker Hughes has announced an agreement with Marathon Petroleum to become its preferred provider for hydrocarbon treatment products and services at refineries across the US.

Valmet has received orders from Dow to supply turnkey process analytical solutions for its Path2Zero project at its Fort Saskatchewan site in Alberta, Canada.

Dow has announced a comprehensive plan to simplify how it operates and streamline its end-to-end processes, targeting at least US$2 billion in near-term operational EBITDA.

Abundia Group has announced that it has appointed Burns & McDonnell as its lead engineer to deliver the FEED package for its first waste-plastics-to-renewable products recycling facility in Baytown, Texas, US.

Baker Hughes has announced the latest release of Cordant™ (Release 26.1) industrial software, featuring expanded capabilities to help operational reliability, performance consistency, and sustainability initiatives.