North America downstream news

Gföllner Group and INNIIO have launched a joint venture, INNIO Gfoellner Power Systems LLC (IGPS), to meet the rising demand for decentralised, flexible energy solutions.

The US Energy Information Administration (EIA) expects that Brent crude oil price will average less than US$70/bbl in 2025 and approximately US$58/bbl in 2026.

Venture Global have announced the execution of a new 20 year sales and purchase agreement (SPA) with PETRONAS LNG Ltd.

Transition Industries have signed an agreement for an EPC contract with a consortium of companies for the Pacifico Mexinol project located in Ahome, Sinaloa, Mexico.

Air Liquide will invest up to US$200 million in Louisiana, US, to modernise and connect an ASU to its existing network and the expansion of its pipeline infrastructure by an additional 30 miles along the US Gulf Coast.

Fluor Corp. has announced that LNG Canada has shipped the first LNG export cargo from its newly-constructed facility located in the traditional territory of the Haisla Nation in Kitimat, British Columbia, Canada.

Coastal Bend LNG announced it has initiated development of a 22.5 million tpy natural gas liquefaction and export facility on the Texas Gulf Coast, US.

Robust growth has driven the North America RNG market to 604 million ft3/d capacity in 2025, according to Wood Mackenzie.

Energy Transfer has expanded an LNG supply agreement with Chevron by 1 million tpy from Lake Charles LNG, US.

RYAM and Verso Energy has signed a new MoU to advance an e-SAF and CO2 utilisation project in Jesup, Georgia, USA.