North America downstream news

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.

The EIA reports that US retail gasoline prices in 2023 averaged US$0.43 per gal. less than in 2022.

The EIA reports that the price of Brent crude oil averaged US$83/bbl in 2023, down from US$101/bbl in 2022.

Gold Hydrogen (GH2) has advanced to the second stage of Emissions Reduction Alberta’s (ERA) Emerging Innovators Challenge.

The CITGO Corpus Christi Refinery has earned the US Environmental Protection Agency's (EPA) ENERGY STAR® certification, distinguishing the plant as a leader in energy and environmental management in the petroleum industry.

Gunvor USA LLC has executed a feedstock supply and product offtake Letter of Intent (LOI) with Dallas-based ClearShift LLC.

Neste has partnered with Coleman Oil Company to enable cities and businesses to have easier access to Neste MY Renewable Diesel™ in the state of Washington, US.

H.E. Alexander De Croo, Prime Minister of Belgium, has witnessed the signing of a Memorandum of Understanding (MoU) on energy transition cooperation between three Belgian and three Houston-based partners.