North America downstream news

Berkshire Hathaway and Occidental have announced a definitive agreement for Berkshire Hathaway to acquire Occidental’s chemical business, OxyChem, in an all-cash transaction for US$9.7 billion.

Phillips 66 has provided an update on its progress toward idling operations at its Los Angeles refinery, US, in furtherance of the company’s efforts to redevelop these real estate sites.

Cerilon has announced the signing of a binding offtake agreement with Pembina for naphtha from its gas-to-liquids (GTL) project under development in Williams County, North Dakota, US.

New Fortress Energy Inc. has reached agreement on contract terms with the Third-Party Procurement Office and the Puerto Rico Public-Private Partnerships Authority for the long-term supply of LNG to Puerto Rico.

AFPM President and CEO Chet Thompson has issued a statement following the recent EPA announcement.

Ketjen Corp. has marked the official inauguration of its newly expanded ZSM-5 manufacturing plant in Bayport, Texas, US.

Burckhardt Compression has completed the acquisition of Advanced Compressor Technology (ACT), a service company specialising in reciprocating equipment for the downstream market in the US.

Charter Next Generation (CNG) has announced a strategic collaboration with NOVA Chemicals for high-quality recycled polyethylene (rPE) for advanced flexible packaging applications.

Monthly average natural gas spot prices in the northwestern US reached historic lows in 2025, as ample supply from Canada coincided with subdued regional demand for natural gas-fired electricity, the EIA has reported.

TotalEnergies has reached financial close with its partners on Rio Grande LNG Train 4, with a 10% direct participating interest and 1.5 million tpy LNG offtake.