Americas
Brazilian grain giant Caramuru begins soybean-based ethanol sales
Brazilian food and fuel processor Caramuru Alimentos, one of the country's largest grain crushers, has started selling soybean-based ethanol at one of its plants in center-western Brazil.
Strathcona: The road to renewable fuel
The renewable diesel facility at the Strathcona refinery near Edmonton, Canada, will soon help pave the way to a lower-emission future.
Brazil's Petrobras to raise diesel, gasoline prices
Brazilian state-run oil company Petrobras said it will raise gasoline and diesel prices at its refineries after what it called an "abrupt" increase in global oil prices.
Oil dips further as China worries counter supply cuts
Oil prices dipped as concerns about China's faltering economic recovery and a stronger dollar took the momentum out of seven weeks of gains on tight supply.
U.S. diesel prices surge anticipating a soft landing
Prices for diesel and other distillate fuel oils have surged as expectations for a soft landing and an improving economic outlook in the United States threaten to deplete already low inventories even further.
IEA lowers forecast for oil demand growth in 2024
The International Energy Agency said demand growth for oil next year will be slower than previously forecast, citing lackluster macroeconomic conditions, post-pandemic recovery running out of steam and burgeoning use of electric vehicles.
Brazil's Petrobras does not intend to sell Braskem stake
Brazilian state-run oil company Petrobras is not planning to sell its 36% stake in petrochemical firm Braskem.
Mubadala bets on ethanol, not sugar, with new Brazil cane investment
Abu Dhabi investment fund Mubadala Capital will take an opposite direction from most of its peers in the Brazilian sugar and ethanol industry, which it plans to enter by early next year, betting on expanding output of the biofuel and looking only marginally to sugar.
Panama-flagged tanker catches fire near Iranian shores
A Panama-flagged tanker called White Pearl has caught fire near the shores of Iran's Asaluyeh in the southern province of Bushehr, Iran's state TV reported.
New Canadian clean electricity rules would allow some use of fossil fuels
Canada announced long-awaited draft clean electricity regulations that are designed to create a net-zero emissions power grid by 2035, and said some continued use of fossil fuels would be allowed.
- BGN announces strategic MoU with XCF Global to produce and supply SAF 11/17
- KazMunayGas and Uzbekneftegaz partner to build 50,000-tpy linear alkylbenzene plant 11/17
- Chevron joins race to explore potential purchase of Lukoil assets, including refineries 11/17
- Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil 11/17
- Sonatrach signs contract for unit with Sinopec subsidiary to boost gasoline production capacity 11/17
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
