South America
Brazil CNPE energy council to discuss increasing ethanol, biodiesel mandates
Brazil's National Energy Policy Council (CNPE), comprised of government ministers who advise fuel policy decisions, will discuss raising the mandated proportion of ethanol in gasoline to 30% from a current 27% at a meeting on Wednesday.
Peróxidos do Brasil reinforces leadership in South America with new strategic investment in Chile
Peróxidos do Brasil, a joint venture between Solvay and Produtos Químicos Makay (PQM), has announced a new strategic investment in its production unit in Chile, reaffirming its commitment to excellence in supply for customers across various markets in South America.
Venezuela's second-largest refinery halted due to power blackout
Venezuela's second-largest refinery, the 310,000-bpd Cardon plant operated by state company PDVSA, has been halted due to a power blackout.
Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion
Brazilian state-run oil firm Petrobras announced on Monday it signed contracts worth approximately 4.9 billion reais ($892.3 MM) for the completion of a new refining unit at its RNEST refinery.
GreenSinnergy, Axens sign MoU to advance SAF projects in Argentina and Latin America
GreenSinnergy GmbH, a company specialized in green project developments, and Axens, a global provider of technologies and services for the production of cleaner fuels, have signed a memorandum of understanding (MoU) to explore the development of sustainable aviation fuel (SAF) projects in Argentina and across Latin America.
Syzygy Plasmonics awards FEED for NovaSAF™ 1—the world’s first electrified biogas-to-SAF plant—to Kent
Syzygy Plasmonics, a global leader in electrified biogas-to-SAF technology, has announced the initiation of front-end engineering and design (FEED) with Kent for NovaSAF 1, the world's first electrified biogas-to-SAF facility.
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.
Brazilian sugarcane processors mulling switch to more ethanol production
Some sugarcane processors in Brazil are closely following the price gap between sugar and ethanol and could start making more of the biofuel if sugar prices continue to fall and oil prices continue their recovery from recent lows.
Some Brazil sugar mills weighing switch to ethanol
Some sugarcane processors in Brazil are closely following the price gap between sugar and ethanol and could start making more of the biofuel if sugar prices continue to fall and oil prices continue their recovery from recent lows.
Traders rebrand Venezuelan oil for China as Brazilian
Traders have rebranded more than $1 B of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, helping buyers to cut logistics costs and circumvent U.S. sanctions.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
