South America
Venezuela's 2024 oil exports climb 10.5% amid political turmoil, refinery outages
Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.
Global diesel prices to rely on refinery closures for support in 2025
The global diesel market will likely find price support in 2025 from the closure of about 1% of refining capacity, traders and analysts said, offsetting current weakness and structural downward pressure as the world shifts to cleaner fuels.
BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha
BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.
Yara begins production of renewable-based ammonia in Brazil
The first in Brazil, Yara now produces ammonia made from renewable biomethane and has already delivered the first tons of lower carbon product to its customers.
Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia
Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.
Dow, Ambipar partner to promote plastics recycling in South America
This partnership aims to create an effective platform for plastic recycling and boost the recycling and waste management system in Brazil.
Petrobras in talks with Raizen, bp for partnership in 'big' comeback on ethanol
Brazilian state-run oil company Petrobras is in talks with Raizen, bp and Inpasa for a possible joint venture in ethanol, as the firm's CEO aims big in a comeback to the sector.
Firefly partners with waste giant Sanepar, strengthening global feedstock access
Firefly Green Fuels, a British sustainable aviation fuel (SAF) developer, has signed a memorandum of understanding (MoU) with Sanepar, one of Brazil’s largest water and sanitation companies.
Yara supplies Cooxupé with Brazil's first batch of lower carbon fertilizer
With initiatives to decarbonize agriculture and other industries, Yara, the global leader in crop nutrition, is the first company to offer in the Brazilian market a nitrogen fertilizer produced from a renewable source, with a reduction of up to 90% in its carbon footprint compared to the same fertilizer produced from fossil-based natural gas.
Digital Exclusive: U.S. flip-flop jeopardizes global treaty to end plastic pollution
Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries to take their own path to tackle plastics pollution, and instead, wants universal plastic production caps and the banning of certain chemicals. Mr. Benedict details why this approach will only hurt the global objective to end plastic pollution.
- 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
