Americas

Petrobras expands its presence in the international market with the sale of bunker fuel containing renewable content

Trinidad and Tobago in talks with Indian Oil to revive refinery

The refinery, located in the south of the country, was closed in 2018 by a previous government that blamed massive losses and debt for its closure.

AES Andes abandons $10-B green hydrogen project in Chile

Tanker carrying Venezuelan heavy oil departs to Louisiana (U.S.)

This month, trading houses Vitol and Trafigura received the first U.S. licenses to load and export Venezuelan oil as part of the deal. They have since shipped cargoes to storage terminals in the Caribbean, and from there they have been marketing and selling the crude to refiners worldwide.

U.S. refineries brace for disruptions as Arctic blast hits

Perpetual Next USA to develop three biomethanol facilities in Southeastern U.S.

Saudi's SABIC sells assets in Europe, Americas worth $950 MM

Cuba on edge as U.S. seizure of oil tanker puts supply at risk

A U.S. move this week to seize an oil tanker out of Venezuela is poised to make a bad situation worse for a crisis-stricken Cuba already struggling to source enough oil to power its ailing economy and electrical grid.

COP30: Brazil seeks biofuel boom, but critics query climate impact

U.N. COP30 climate summit host Brazil is pressing nations to pledge to quadruple the global use of sustainable fuels by 2035, including biofuels, hydrogen and biogases, but environmentalists warn that making fuel from crops harms food security and nature.

Olin enters strategic partnership with Braskem to drive vinyls value growth

The companies have executed a long-term agreement for Olin's supply of ethylene dichloride (EDC), aligning with Braskem's transformation of its chlor-alkali and vinyl assets in Brazil.