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Americas

HIF Global begins installation of first direct air capture unit in Chile

HIF Global, a leading e-Fuels company, has announced the arrival of the first direct air capture (DAC) unit in Chile, an innovative technology that allows the extraction of carbon dioxide (CO₂) directly from the atmosphere.

BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha

BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.

Solvay to utilize biomethane to replace a portion of natural gas used at its plant in Mexico

Solvay inaugurated an advanced biodigester at its Ciudad Juarez production site in Mexico. This energy transition project will generate biomethane from organic waste processed locally, replacing part of the natural gas needed to power the site’s boiler and kiln operations.

Cuba's electric grid collapses after oil-fired power plant failure, millions without light

Cuba's national electrical system collapsed early on Wednesday morning after the country's largest power plant failed, the government said, the latest of several such failures as the island's grid falls into disarray amid fuel shortages, natural disaster and economic crisis.

Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia

Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.

Mexican firefighters extinguish second fire in one week at Pemex refinery

A fire at a refinery belonging to Mexican state oil producer Pemex has been extinguished, the firm and authorities said on Thursday, noting that no one had been reported injured.

Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs

Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect Donald Trump imposes 25% import tariffs on crude imports from the two countries.

Dow, Ambipar partner to promote plastics recycling in South America

This partnership aims to create an effective platform for plastic recycling and boost the recycling and waste management system in Brazil.

Petrobras in talks with Raizen, bp for partnership in 'big' comeback on ethanol

Brazilian state-run oil company Petrobras is in talks with Raizen, bp and Inpasa for a possible joint venture in ethanol, as the firm's CEO aims big in a comeback to the sector.

Celanese, Henkel collaborate to offer adhesives made from captured CO2 emissions

Henkel Corporation and Celanese Corporation will partner to enhance circularity in emulsion production by utilizing carbon capture-based materials. Henkel will utilize captured CO2 from Fairway Methanol's CCU project in Texas to produce water-based adhesives.