http://www.hydrocarbonprocessing.com Hydrocarbon Processing About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining http://web2v10.hydrocarbonprocessing.com/news/2026/02/about-2-mmbbls-of-venezuelan-oil-being-shipped-to-spains-repsol-for-refining/ HIF Global eyes significant capex savings on $4-B Brazil eFuels plant http://web2v10.hydrocarbonprocessing.com/news/2026/02/hif-global-eyes-significant-capex-savings-on-4-b-brazil-efuels-plant/ Cemvita and Radix to advance circular SAF feedstock plant in Brazil http://web2v10.hydrocarbonprocessing.com/news/2026/02/cemvita-and-radix-to-advance-circular-saf-feedstock-plant-in-brazil/ Cemvita’s proprietary biomanufacturing platform converts crude glycerin into a versatile bio-oil that can be upgraded into high-value, drop-in feedstocks, including co-processing in existing refineries and/or hydro-processed esters and fatty acids (HEFA)-based SAF, expanding both the feedstock base and the decarbonization potential of the fuel value chain. U.S. authorizes U.S. diluent supply to Venezuela oil sector http://web2v10.hydrocarbonprocessing.com/news/2026/02/us-authorizes-us-diluent-supply-to-venezuela-oil-sector/ Diluents are a key fuel needed to produce exportable crude oil grades. Brazil on track for ethanol production jump in 2026 http://web2v10.hydrocarbonprocessing.com/news/2026/02/brazil-on-track-for-ethanol-production-jump-in-2026/ Healthy ethanol prices, expansion of corn ethanol plants and an expected large sugarcane crop will lead to a jump this year in output of the biofuel in Brazil. Venezuela oil exports rise sharply in January under U.S. control http://web2v10.hydrocarbonprocessing.com/news/2026/02/venezuela-oil-exports-rise-sharply-in-january-under-us-control/ Venezuelan oil exports rose to some 800,000 bpd in January, from 498,000 bpd in December, after the U.S. capture of Nicolas Maduro and the ending of an oil blockade which has let traders carry most exports, shipping data showed. Refiner Phillips 66 can process 250,000 bpd of Venezuelan crude http://web2v10.hydrocarbonprocessing.com/news/2026/02/refiner-phillips-66-can-process-250-000-bpd-of-venezuelan-crude/ The price for Venezuelan crude does have to be competitive, and Venezuelan crude may displace some other sources of heavy crude including Western Canadian Select. ExxonMobil, Chevron see glimmer of Venezuela's potential, especially in refining its crude http://web2v10.hydrocarbonprocessing.com/news/2026/02/exxonmobil-chevron-see-glimmer-of-venezuelas-potential-especially-in-refining-its-crude/ Petrobras expands its presence in the international market with the sale of bunker fuel containing renewable content http://web2v10.hydrocarbonprocessing.com/news/2026/02/petrobras-expands-its-presence-in-the-international-market-with-the-sale-of-bunker-fuel-containing-renewable-content/ U.S. lifts some Venezuela sanctions to ease oil sales http://web2v10.hydrocarbonprocessing.com/news/2026/01/us-lifts-some-venezuela-sanctions-to-ease-oil-sales/ The move by the Treasury’s Office of Foreign Assets Control authorizes U.S. companies to buy, sell, transport, store and refine Venezuelan crude oil, but does not lift existing U.S. sanctions on production.