South America
Petrobras doubles processing capacity at UPGN in Boaventura Energy Complex
The second module of the natural gas processing unit of the Boaventura Energy Complex, located in Itaboraí, has begun commercial operations. In addition to the first module, inaugurated last year, the unit's total processing capacity reaches 21 million m³/day.
Venezuela loses 20% of oil exports after cargo cancellations to Chevron
Venezuela's oil exports fell almost 20% to some 700,000 bpd in April, the lowest level in nine months, as cargo cancellations to U.S.-based producer Chevron forced ships to return and left some ports empty.
Venezuela restarts Amuay refinery's FCC after El Palito halts unit
Venezuela's state-run oil company PDVSA has restarted the fluid catalytic cracker unit (FCCU) at the country's largest refinery, the 645,000-bpd Amuay, expanding its capacity to produce motor fuels.
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.
Declining prices enable Brazil to raise biodiesel blend to 15%
Declining vegetable oil prices are clearing the way for Brazil to increase its mandatory biodiesel blend into diesel to 15%, up from 14%.
Colombia's Ecopetrol to invest up to $700 MM in SAF production plant
Colombia's state-run energy company Ecopetrol plans to invest up to $700 MM to build a plant at the Barrancabermeja refinery to produce sustainable aviation fuel
Solvay partners with Cavalinho to reduce emissions at Brazilian chemical plant
Solvay will be one the first companies in Brazil to adopt biofuel-powered trucks for transportation, supporting its goal of cutting scope 3 emissions by 20% by 2030.
Brazil's Petrobras lowers diesel prices for first time in more than a year
Brazilian state-run oil company Petrobras said it will lower refinery gate diesel prices for the first time in more than a year, as local prices currently stand above import parity.
Russia increases fuel, diesel supply to Bolivia amid rising energy crisis
Russia is increasing exports of motor fuels to Bolivia, according to data from LSEG vessel tracking and industry sources, as an energy crisis worsens in the Latin American country and Moscow needs to expand sales hit by Western sanctions.
Wärtsilä to test ethanol-fueled engine for large-scale electricity generation
Technology group Wärtsilä has partnered with Brazilian energy company Energetica Suape II S.A, majority owned by Grupo Econômico 4M, to conduct a world-first clean energy trial, which will see ethanol—a biofuel mainly produced from sugarcane—used to generate clean power.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Shell reports June 4 fire at ethylene cracker plant in Pennsylvania (U.S.) 6/9
- Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel 6/9
- Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint 6/9
- Rotork joins Rockwell Automation’s Technology Partner Program 6/9
- California (U.S.) fuel imports hit 4-yr high amid refinery outages 6/9
