http://www.hydrocarbonprocessing.com Hydrocarbon Processing U.S. refiner Valero to import up to 6.5 MMbbl of Venezuelan crude in March http://web1v10.hydrocarbonprocessing.com/news/2026/02/us-refiner-valero-to-import-up-to-65-mmbbl-of-venezuelan-crude-in-march/ Valero was among the first U.S. refiners to resume imports of Venezuelan crude after the United States struck a flagship $2-B oil supply deal with the country's interim government and began to ease sanctions. India's Reliance wins U.S. license for Venezuelan oil http://web1v10.hydrocarbonprocessing.com/news/2026/02/indias-reliance-wins-us-license-for-venezuelan-oil/ A general license authorizes the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil. YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project http://web1v10.hydrocarbonprocessing.com/news/2026/02/ypf-eni-and-xrg-sign-joint-development-agreement-advancing-12-mmtpy-argentina-lng-project/ Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 http://web1v10.hydrocarbonprocessing.com/news/2026/02/brazil-to-rebuild-ethanol-stocks-in-new-harvest-after-21-drop-in-2025-2026/ Consortium advances power-to-liquids e-Fuel plant in Chile http://web1v10.hydrocarbonprocessing.com/news/2026/02/consortium-advances-power-to-liquids-e-fuel-plant-in-chile/ About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining http://web1v10.hydrocarbonprocessing.com/news/2026/02/about-2-mmbbls-of-venezuelan-oil-being-shipped-to-spains-repsol-for-refining/ HIF Global eyes significant capex savings on $4-B Brazil eFuels plant http://web1v10.hydrocarbonprocessing.com/news/2026/02/hif-global-eyes-significant-capex-savings-on-4-b-brazil-efuels-plant/ Cemvita and Radix to advance circular SAF feedstock plant in Brazil http://web1v10.hydrocarbonprocessing.com/news/2026/02/cemvita-and-radix-to-advance-circular-saf-feedstock-plant-in-brazil/ Cemvita’s proprietary biomanufacturing platform converts crude glycerin into a versatile bio-oil that can be upgraded into high-value, drop-in feedstocks, including co-processing in existing refineries and/or hydro-processed esters and fatty acids (HEFA)-based SAF, expanding both the feedstock base and the decarbonization potential of the fuel value chain. U.S. authorizes U.S. diluent supply to Venezuela oil sector http://web1v10.hydrocarbonprocessing.com/news/2026/02/us-authorizes-us-diluent-supply-to-venezuela-oil-sector/ Diluents are a key fuel needed to produce exportable crude oil grades. Brazil on track for ethanol production jump in 2026 http://web1v10.hydrocarbonprocessing.com/news/2026/02/brazil-on-track-for-ethanol-production-jump-in-2026/ Healthy ethanol prices, expansion of corn ethanol plants and an expected large sugarcane crop will lead to a jump this year in output of the biofuel in Brazil.