North America downstream news

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.

The newly-launched North American LNG Export Tracker from the Institute for Energy Economics and Financial Analysis visually tells the story of the LNG boom across the continent, export destinations, and the impact on consumers.

XRG will increase its overall participation in Rio Grande by acquiring additional 7.6% equity interests in Trains 4 and 5 of the Rio Grande LNG project, Texas, US, from an acquisition vehicle of Global Infrastructure Partners.

The IEA has predicted that rapid expansion of LNG supply, mostly from North America, is expected to reduce market pressures at a time of heightened geopolitical uncertainty.

CF Industries Holdings Inc., Trafigura, and TFG Marine have announced the signing of a memorandum of understanding (MoU) to facilitate the adoption of low-carbon ammonia as a marine fuel.

The American Petroleum Institute (API) has called for swift congressional action on year-round E15 and refinery certainty.

Perpetual Next USA is set to develop an additional three biomass-to-biomethanol production facilities in the Southeastern US, with each facility designed to process approximately 1 million tpy of sustainably sourced biomass feedstock.

Research by the IEEFA shows the EU’s rising reliance on US LNG has created a potentially high-risk geopolitical dependency and could cause it to miss its gas demand reduction commitments.

EIA expects that the US benchmark natural gas spot price at the Henry Hub to decrease about 2% to just under US$3.50 per million Btu in 2026 before rising sharply in 2027 to just under US$4.60 million Btu.