South America
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.
Copersucar revenue to grow by $1.5 B after Eco-Energy deal with Green Plains
Brazilian company Copersucar's annual revenue will grow by $1.5 B after its majority-held subsidiary Eco-Energy reached a deal to sell and distribute ethanol produced at Green Plains' plants in the United States.
As Brazilian president visits China, $1-B SAF deal announced
Brazil announced two Chinese partnerships on Monday, including a $1-B investment by China's Envision Energy to produce sustainable aviation fuel (SAF), as the country's president visits China.
HIF, Porsche AG and Shell sign e-Fuels supply agreement for Haru Oni facility
HIF Global, through its subsidiary HIF Chile, signed an agreement with Porsche AG and Shell for the delivery of e-Fuels produced by HIF’s Haru Oni e-Fuels facility in Punta Arenas, Chile.
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- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
