http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://admin.hydrocarbonprocessing.com/news/2025/07/brazils-petrobras-to-invest-48-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. http://admin.hydrocarbonprocessing.com/news/2025/07/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. http://admin.hydrocarbonprocessing.com/news/2025/07/brazils-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. http://admin.hydrocarbonprocessing.com/news/2025/07/vitol-group-submits-bid-above-10-b-for-citgos-parent/ A group led by commodities trading house Vitol submitted a bid exceeding $10 B in the final hours of a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum. http://admin.hydrocarbonprocessing.com/news/2025/06/update-brazil-raises-biofuel-levels-sees-gasoline-self-sufficiency/ Brazil's National Energy Policy Council (CNPE) on Wednesday approved increasing the level of biofuels mixed into fossil fuels, a move towards gasoline self-sufficiency that was also celebrated by renewable energy lobbies after the government earlier hinted the blends would not be changed this year. http://admin.hydrocarbonprocessing.com/news/2025/06/update-venezuelas-second-largest-refinery-restarting-units-after-blackout/ Venezuela's state-run PDVSA was on Wednesday restarting several operational units at its 310,000-bpd Cardon refinery. http://admin.hydrocarbonprocessing.com/news/2025/06/wood-to-design-upgrades-at-ecopetrol-refinery-for-cleaner-fuels-production/ Wood has been awarded a contract by Colombia's majority state-owned oil company, Ecopetrol, to deliver the detailed engineering design for upgrades at its Barrancabermeja refinery in Colombia. http://admin.hydrocarbonprocessing.com/news/2025/06/brazil-cnpe-energy-council-to-discuss-increasing-ethanol-biodiesel-mandates/ Brazil's National Energy Policy Council (CNPE), comprised of government ministers who advise fuel policy decisions, will discuss raising the mandated proportion of ethanol in gasoline to 30% from a current 27% at a meeting on Wednesday. http://admin.hydrocarbonprocessing.com/news/2025/06/peroxidos-do-brasil-reinforces-leadership-in-south-america-with-new-strategic-investment-in-chile/ Peróxidos do Brasil, a joint venture between Solvay and Produtos Químicos Makay (PQM), has announced a new strategic investment in its production unit in Chile, reaffirming its commitment to excellence in supply for customers across various markets in South America. http://admin.hydrocarbonprocessing.com/news/2025/06/venezuelas-second-largest-refinery-halted-due-to-power-blackout/ Venezuela's second-largest refinery, the 310,000-bpd Cardon plant operated by state company PDVSA, has been halted due to a power blackout.