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South America

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.

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.

Reformer of Venezuela's second-largest refinery halted for repairs

The naphtha reformer of Venezuela's second-largest refinery, the 310,000-bpd Cardon, has been halted for maintenance and repairs following an equipment malfunction last week.

Venezuela's oil exports hit a 4-yr peak on higher output, sales to U.S., India

Venezuela's oil exports rose to a 4-yr high, approaching 950,000 bpd in October, boosted by growing crude output and more sales to India and the United States.

Neste, Braskem partner on supply of renewable and recycled feedstocks for polymers and chemicals production

Braskem will use more sustainable feedstocks from Neste to produce circular and bio-circular polymer resins and chemicals, which will be sold in South America under Braskem’s Wenew brand.

Petrobras inks deal to supply Vale with fuel with renewable content

Petrobras has agreed to sell diesel with renewable content to Vale in a deal that might also include the supply of other low-carbon fuels going forward.

Brazil: TotalEnergies sells its fuel distribution activities to SIM Distribuidora

TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company.

At least 21 injured in fire at Venezuela's La Salina oil terminal

At least 21 people including workers, neighbors and firefighters were injured on Tuesday in a fire at a crude storage tank in Venezuela's La Salina oil terminal, operated by state company PDVSA.

Trader Vitol sells Venezuelan oil to Indian refiners

Two Indian state refiners have bought 2 MMbbl of Venezuelan crude from trading house Vitol for November delivery, as shipments to what previously was Venezuela's second largest oil market continue to grow.

Exxon director joins Elliott group seeking to acquire Citgo Petroleum

ExxonMobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner Citgo Petroleum.