North America downstream news

Azure Sustainable Fuels Corp. continues to reach milestones in its development of a renewable fuel production facility in Canada.

The US Energy Information Administration (EIA) expects average US retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity.

Encountercare Solutions, through its wholly owned subsidiary, CyberFuels, Inc., has closed on the purchase of over 71 acres of land and waterways for its new green energy campus.

Texas LNG Brownsville LLC, a subsidiary of Glenfarne Energy Transition, has signed a Heads of Agreement (HOA) with EQT for natural gas liquefaction services.

Tranter will supply heat exchangers for a carbon capture application in a new blue hydrogen plant in Texas, US.

The EIA forecasts average annual crude oil prices in 2024 and 2025 will remain near their 2023 average, with global supply and demand for petroleum liquids expected to be relatively balanced over the next two years.

Celanese Corp. has begun a carbon capture and utilisation (CCUS) project at its Clear Lake, Texas, US, site.

Ara Partners has acquired a majority interest in USD Clean Fuels, a leading developer of logistics infrastructure in North America for the renewable fuels value chain.

Norfolk Southern Corp. has released its inaugural Climate Transition Plan (CTP). The CTP is aimed at reducing greenhouse gas (GHG) emissions with a focus on transitioning to a low-carbon economy.

Azure has announced its planned development of an SAF production facility in Cherryvale, Kansas, US.