http://www.hydrocarbonprocessing.com Hydrocarbon Processing Argentine government hikes biofuel prices for domestic market http://hydrocarbonprocessing.com/news/2026/05/argentine-government-hikes-biofuel-prices-for-domestic-market/ Venezuela's PDVSA controlling fire at Cardon refinery's cracker http://hydrocarbonprocessing.com/news/2026/04/venezuelas-pdvsa-controlling-fire-at-cardon-refinerys-cracker/ Power outages and fires are frequent at PDVSA's deteriorated refineries, which typically work at a fraction of capacity. ATOME announces FID for $665-MM green hydrogen project in Paraguay http://hydrocarbonprocessing.com/news/2026/04/atome-announces-fid-for-665-mm-green-hydrogen-project-in-paraguay/ Construction of the plant is expected shortly following FID with full production projected to commence by or before October 2029. Petrobras selects Honeywell's ethanol-to-jet technology for large-scale SAF plant http://hydrocarbonprocessing.com/news/2026/04/petrobras-selects-honeywells-ethanol-to-jet-technology-for-large-scale-saf-plant/ Petrobras in talks with Mubadala to buy back Mataripe refinery http://hydrocarbonprocessing.com/news/2026/04/petrobras-in-talks-with-mubadala-to-buy-back-mataripe-refinery/ Venezuela's refineries down to 31% of crude processing capacity http://hydrocarbonprocessing.com/news/2026/04/venezuelas-refineries-down-to-31-of-crude-processing-capacity/ The South American country has increased oil output and exports since it agreed to a flagship supply pact with the U.S. government in January, but limited power service, outages and need for major repairs and maintenance are creating obstacles to recovering refining operations. India's Reliance buys Venezuelan oil directly from PDVSA http://hydrocarbonprocessing.com/news/2026/04/indias-reliance-buys-venezuelan-oil-directly-from-pdvsa/ Since Caracas signed a flagship oil supply deal with Washington after the U.S. capture of President Nicolas Maduro in January, only a small group of companies have been able to buy cargoes directly from PDVSA. Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction http://hydrocarbonprocessing.com/news/2026/04/petrobras-delivers-lpg-sold-at-steep-premiums-despite-lula-move-to-annul-auction/ Brazilian state-run oil firm Petrobras has delivered liquefied petroleum gas auctioned off at high prices, even after President Luiz Inacio Lula da Silva said the government would annul it to protect consumers from fuel spikes. U.S. naphtha exports surge to record high on Japanese, Venezuelan buying http://hydrocarbonprocessing.com/news/2026/04/us-naphtha-exports-surge-to-record-high-on-japanese-venezuelan-buying/ Argentina allows up to 15% ethanol blend into gasoline after oil shock http://hydrocarbonprocessing.com/news/2026/03/argentina-allows-up-to-15-ethanol-blend-into-gasoline-after-oil-shock/ Gasoline prices in the South American country rose more than 18% in March, according to analyst estimates, driven by the U.S.-Israel war on Iran and have climbed more than 60% year‑on‑year.