Americas
Argentina raises biofuel prices for domestic market
The Argentine government raised biofuel prices for the domestic market, according to two resolutions published in the official gazette.
Argentina's YPF to invest $400 MM in SAF venture
The new venture, to be called Santa Fe Bio, will be run in tandem with Essential Energy and operate out of YPF's San Lorenzo refinery.
Brazil's Grupo Potencial to invest $392 MM in corn ethanol plant as part of biofuels complex
Brazil's Grupo Potencial will invest 2 B reais ($392.9 MM) to build a corn ethanol plant in Lapa, Parana state, as part of a plan to develop the world's largest biofuels complex.
Mexico exports 39% less crude oil in June, refining and fuel production increase significantly
In May, Pemex's international trading arm, PMI, forecast that the company would export less this year because more would be sent to local refineries, including to its new Olmeca refinery in the port of Dos Bocas.
Update: Cancelled and postponed green hydrogen projects
Developers of green hydrogen have scaled back investments and scrapped projects globally as elevated production costs and weak demand for the low-carbon fuel have made many ventures unviable.
HIF Global announces new design for e-Fuels project in Paysandú, Uruguay
As part of an ongoing dialogue process with the community and the government of Uruguay, HIF Global has presented a revised version of its e-Fuels project in the Paysandú Department.
Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex
Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.
Braskem completes first sale of circular polyethylene in South America
Braskem has completed the sale of circular polyethylene (PE), produced through chemical recycling, to the Copobras Group.
Brazil's energy minister hints at possible fuel price cuts
Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining capacity.
Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth
Air Liquide will invest up to $200 MM in Louisiana, U.S., to modernize and connect an air separation unit (ASU) to its existing network.
- SIBUR develops new polyethylene grade for FMCG packaging 8/13
- L&T Energy GreenTech partners with Japan’s ITOCHU for 300,000-tpy green ammonia project 8/13
- VINCI wins major contract for innovative biofuels plant in Spain 8/13
- Orlen Unipetrol to shut ethylene unit at Litvinov plant for several days 8/13
- Dangote Refinery cuts fuel price before planned sales to local Nigerian market 8/13
- Chevron Phillips Chemical completes low-viscosity PAO expansion in Belgium 8/12
