Americas
Cuba on edge as U.S. seizure of oil tanker puts supply at risk
A U.S. move this week to seize an oil tanker out of Venezuela is poised to make a bad situation worse for a crisis-stricken Cuba already struggling to source enough oil to power its ailing economy and electrical grid.
COP30: Brazil seeks biofuel boom, but critics query climate impact
U.N. COP30 climate summit host Brazil is pressing nations to pledge to quadruple the global use of sustainable fuels by 2035, including biofuels, hydrogen and biogases, but environmentalists warn that making fuel from crops harms food security and nature.
Olin enters strategic partnership with Braskem to drive vinyls value growth
The companies have executed a long-term agreement for Olin's supply of ethylene dichloride (EDC), aligning with Braskem's transformation of its chlor-alkali and vinyl assets in Brazil.
Mexico's Pemex pumps less, refines more in third quarter
With many fields declining rapidly - especially former star producers in the Gulf of Mexico - and many new discoveries not living up to expectations, the behemoth has struggled to meet the government's ambitious production goal of 1.8 MMbpd.
Peróxidos do Brasil to supply hydrogen peroxide to Arauco’s Sucuriú project with world’s second myH2O2® satellite plant
Hydrogen peroxide is a key enabler of clean pulp bleaching and water treatment, offering a safer, more sustainable alternative to traditional chemicals.
Mexico's Pemex crude oil exports in August fall 32% year-on-year
Pemex's seven local refineries processed just over 1.05 MMbpd in August, up from the previous month.
Brazil oil regulator shuts Refit refinery over suspected irregular fuel imports
During the operation, authorities detained cargo from two ships carrying imported diesel oil destined for storage facilities in Rio de Janeiro and Sao Paulo.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
