http://www.hydrocarbonprocessing.com Hydrocarbon Processing Heavy oil shortages are driving up refiners' cost https://hydrocarbonprocessing.com/news/2024/05/heavy-oil-shortages-are-driving-up-refiners-cost/ Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to industries ranging from shipping and construction to Middle Eastern power plants. ADNOC terminates talks to buy stake in Brazil's Braskem https://hydrocarbonprocessing.com/news/2024/05/adnoc-terminates-talks-to-buy-stake-in-brazils-braskem/ Brazilian petrochemical producer Braskem said that Abu Dhabi oil company ADNOC has decided to terminate talks to buy a stake held by conglomerate Novonor in the firm. UAE's Mubadala Capital plans $13.5-B biofuels investment in Brazil https://hydrocarbonprocessing.com/news/2024/05/uaes-mubadala-capital-plans-135-b-biofuels-investment-in-brazil/ Mubadala Capital, a subsidiary of Abu Dhabi's Mubadala Investment Company, is planning a $13.5-B investment in Brazil's biofuels sector over the next decade. Global Project Data https://hydrocarbonprocessing.com/magazine/2024/april-2024/trends-and-resources/global-project-data/ Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry. Brazil's Timbro to export 40% more sugar, enter ethanol market in 2024 https://hydrocarbonprocessing.com/news/2024/04/brazils-timbro-to-export-40-more-sugar-enter-ethanol-market-in-2024/ Brazilian international trade platform Timbro expects to increase its sugar exports by more than 40% in 2024 to 2 MMt, while also expanding operations to enter the ethanol market. Turkey, Brazil remain main importers of Russian seaborne diesel https://hydrocarbonprocessing.com/news/2024/04/turkey-brazil-remain-main-importers-of-russian-seaborne-diesel/ Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the import of Russian refined products. Petroperu announces stoppage at unit at Talara refinery https://hydrocarbonprocessing.com/news/2024/04/petroperu-announces-stoppage-at-unit-at-talara-refinery/ Peru's state oil firm Petroperu announced the stoppage of a key unit at its recently modernized Talara refinery through the end of June, due to power supply failures and operational problems which had been ongoing since early February. Global Project Data: Spotlight on petrochemicals https://hydrocarbonprocessing.com/magazine/2024/march-2024/trends-and-resources/global-project-data-spotlight-on-petrochemicals/ Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,100 active projects in the hydrocarbon processing industry (HPI). Global refinery capacity totaling 3.6 MM bpd at high-risk of closure https://hydrocarbonprocessing.com/news/2024/03/global-refinery-capacity-totaling-36-mm-bpd-at-high-risk-of-closure/ As much as 3.6 MM bpd of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis.  More than 20% of global oil refining capacity at risk, analysis finds https://hydrocarbonprocessing.com/news/2024/03/more-than-20-of-global-oil-refining-capacity-at-risk-analysis-finds/ More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published, as gasoline margins weaken and the pressure to reduce carbon emissions mounts.