South America

Bunker One executes Latin America's first bioethanol bunkering of a deep-sea container vessel

Bunker One has completed Latin America’s first bioethanol bunkering operation for an ocean-going vessel, delivering 500,000 liters of anhydrous ethanol to the CMA CGM IRON at the Port of Santos, Brazil.

EIA: Global LNG trade volumes reached record high in 2025

Global LNG trade has slowed this year following the closure of the key export route for Qatar, the world’s second-largest LNG exporter.

Venezuela's smallest refinery restarts FCCU

The refinery has been reactivating its operational units slowly in recent days, following twin earthquakes in late June that had left the facility without power.

Brazil raises mandatory ethanol blend in gasoline to 32% from 30%

The move, which will last 180 days and could be extended later for an equal period, had been expected by the end of the first half of the year.

Brazil to phase out subsidy for diesel more slowly than for gasoline, minister says

Brazil's government will take longer to phase out its diesel subsidy than the gasoline benefit, reflecting concerns the process must be handled carefully, even after the drop in global oil prices, to avoid price shocks or fuel shortages.

Venezuela's largest refinery in service after power outage following earthquake

Venezuela's 645,000-bpd Amuay refinery, the country's largest, was back in service on Friday.

Shell forecast: Global LNG demand expected to grow by 65% by 2050

Capstone Energy+ expands proven power solution at world's southernmost refinery with follow-on order in Chile

The new order will expand ENAP’s existing Capstone-powered energy system at the Gregorio Refinery, the world’s southernmost refinery, from 1.4 MW to 2.2 MW. The installation is expected to be commissioned in November 2026.

XRG acquires upstream stake in Vaca Muerta to support the Argentina LNG project

Brazil's Petrobras approves $1.2 billion investment for renewable fuels plant