Americas
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.
Mexican firefighters extinguish second fire in one week at Pemex refinery
A fire at a refinery belonging to Mexican state oil producer Pemex has been extinguished, the firm and authorities said on Thursday, noting that no one had been reported injured.
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two countries.
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.
Celanese, Henkel collaborate to offer adhesives made from captured CO2 emissions
Henkel Corporation and Celanese Corporation will partner to enhance circularity in emulsion production by utilizing carbon capture-based materials. Henkel will utilize captured CO2 from Fairway Methanol's CCU project in Texas to produce water-based adhesives.
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.
US refiner margins to stabilize next year as plant closures cut supply
U.S. refiner margins for gasoline and diesel will be relatively unchanged next year, the U.S. Energy Information Administration said, signaling relief for fuel producers who saw profits slump sharply since 2022 on slowing demand growth.
Topsoe to provide technology for one of Brazil’s first commercial-scale SAF plants
Topsoe will provide its HydroFlex and H2bridge technologies to Refinaria de Petróleo Riograndense's 16,000-bpd renewable diesel and sustainable aviation fuel plant in Brazil.
Stamicarbon awarded a PDP contract for Mexican nitric acid plant
Stamicarbon will apply its proprietary NX Stami Nitrates technology for a tailor-made solution to remove nitrous oxide from the tail gas stream, optimizing nitric acid production and reducing the carbon footprint of the plant
- INEOS Enterprises to sell Composites business to KPS Capital Partners for €1.7 B 12/3
- Small volumes of renewable diesel are now consumed on the U.S. East Coast 12/3
- Russia's December idle oil refining capacity revised up 60% 12/3
- Fuel oil smuggling network rakes in $1 B for Iran and its proxies 12/3
- Taiwan's Formosa operates refinery at reduced rate due to maintenance 12/3
- Russia lifts gasoline export ban for producers 12/3
