Central America
Global oil refiners see short-term boost from higher margins
Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand.
Ecuador's biggest oil refinery stops operating as precaution due to fire
A fire that erupted in a fuel oil tank on Monday at Ecuador's biggest oil refinery is under control, state oil company Petroecuador and the country's energy minister said
Mexico's Pemex plans to export less crude oil as new refinery starts up
The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery.
Digital Feature: How consensus-based standards are shaping the future of oil and natural gas worldwide
With its cross-border projects, interconnected supply chains and technical systems spanning continents, the global oil and natural gas industry is indeed complex. And while managing safety, sustainability, efficiency and reliability across these diverse environments has never been simple, the challenges continue to grow as expectations rise and technologies evolve.
Mexico's Pemex reports leaks in oil pipeline to Dos Bocas terminal
Mexico's state energy firm Pemex said that it had addressed two leaks in a pipeline that transports oil from its Akal-C platform to the Dos Bocas Maritime Terminal in the southern state of Tabasco.
Mexican refinery Olmeca hits new high in March, but still short of target
Mexican state energy company Pemex's new Olmeca refinery in March posted its highest crude processing and fuel production figures since it began reporting data in mid-2024, boosting the company's refining arm even as its hydrocarbon output declines.
Mexico's Olmeca refinery will restart, halt was 'nothing serious'
Mexico's new Olmeca refinery is ready to restart production, Mexican President Claudia Sheinbaum said on Tuesday, denying that a temporary outage had been caused by sabotage of its catalytic cracking unit.
Update: U.S. refiner Valero's Mexico fuel import license reinstated
Valero Energy Corp's license to import fuel into Mexico was reinstated following a suspension in early April, Chief Operating Officer Gary Simmons told analysts on the U.S. refiner's first-quarter earnings conference call.
Mexico exports first ULSD cargo from Olmeca refinery amid infrastructure woes
Mexico exported the first cargo of ultra-low sulfur diesel (ULSD) reprocessed in its new Olmeca refinery in early April, as infrastructure to transport the much-needed motor fuel across the country is not ready.
EIA: Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024
In 2024, U.S. exports of total petroleum products increased to a record 6.6 MMbpd annual average, according to the U.S. Energy Information Administration (EIA). Annual U.S. petroleum product exports increased by 495,000 bpd as U.S. exports of distillate fuel oil—typically sold as diesel—and jet fuel increased compared with 2023, while exports of total motor gasoline decreased.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Honeywell drives industrial transition from automation to autonomy with new AI-enabled digital suite 6/9
- Alpek will cease operations at its PET facility in North Carolina (U.S.) 6/6
- ANDRITZ to acquire Diamond Power Intl. businesses 6/6
- ABB launches AMXE Marine Motor to enhance vessel efficiency 6/6
- Private refiners tap India's drivers as export markets tighten 6/6
