Americas
Brazil's fossil push undermines Lula's green ambitions
Brazil is positioning itself as a leader in the global transition towards clean energy, with hydropower as its top source of electricity, wind and solar growing rapidly, and renewables fueling a quarter of its transport. But Brazil has also invested heavily in fossil fuels, and the government plans to turn the country from world's seventh biggest oil producer into its fourth by 2030.
Brazil's Raizen partners with Dutch biorefinery to explore lignin uses
Brazil's Raizen, the world's largest sugarcane processor, has struck a deal with Dutch biorefinery Vertoro to develop new uses for lignin, a residue from second-generation ethanol (E2G) production, including its conversion into advanced biofuels, chemicals and materials.
GlobalData: North America to dominate global renewable refinery capacity additions through 2028
Global consumption of renewable fuels produced in refineries is increasing due to environmental concerns about fossil fuels, technological advances and growing regulations on carbon emissions.
Argentina's YPF profit up 41% in 2Q as demand grows at home, abroad
Argentina's state oil firm YPF has reported that its net profit climbed nearly 41% in 2Q, beating analyst expectations as domestic demand for diesel grew and oil exports rose.
Citgo reports $25-MM loss in 2Q over unfavorable market conditions
U.S. oil refiner Citgo Petroleum on Thursday reported a net loss of $25 MM in 2Q following unfavorable market conditions and refinery maintenance and upgrades, compared with income of $410 MM in the quarter immediately prior.
India's Reliance in crude-for-naphtha swap deal with Venezuela
India's Reliance Industries plans to use naphtha supplies as partial payment for crude purchases from Venezuela after the refiner obtained a U.S. approval last month to resume oil trade with the sanctioned producer, three sources aware of the contract terms said.
Digital Feature: U.S. EPA’s new Chemical Accident Prevention rule takes effect: What to know
On March 11, 2024, the U.S. Environmental Protection Agency published a final rule amending its Risk Management Program regulations. Here is what facility owners need to know about this new regulation.
Canada's Suncor Q2 report shows increased refinery throughput and refined product sales
So far Suncor is tracking above the high end of its forecasts for 2024 oil production, refining throughout and refined product sales, Kruger told analysts on an earnings call.
U.S. imports of renewable diesel increased in the early months of 2024
In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 bpd, approaching the monthly record set in May 2023.
Mexico's new oil refinery to cover 20% of fuel needs in weeks, president says
Production at a new refinery owned and operated by Mexico's state-run oil company Pemex will meet a fifth of the country's motor fuel needs within two weeks, President Andres Manuel Lopez Obrador said on Monday.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
