Americas
COP30: Brazil seeks biofuel boom, but critics query climate impact
U.N. COP30 climate summit host Brazil is pressing nations to pledge to quadruple the global use of sustainable fuels by 2035, including biofuels, hydrogen and biogases, but environmentalists warn that making fuel from crops harms food security and nature.
Olin enters strategic partnership with Braskem to drive vinyls value growth
The companies have executed a long-term agreement for Olin's supply of ethylene dichloride (EDC), aligning with Braskem's transformation of its chlor-alkali and vinyl assets in Brazil.
Mexico's Pemex pumps less, refines more in third quarter
With many fields declining rapidly - especially former star producers in the Gulf of Mexico - and many new discoveries not living up to expectations, the behemoth has struggled to meet the government's ambitious production goal of 1.8 MMbpd.
Peróxidos do Brasil to supply hydrogen peroxide to Arauco’s Sucuriú project with world’s second myH2O2® satellite plant
Hydrogen peroxide is a key enabler of clean pulp bleaching and water treatment, offering a safer, more sustainable alternative to traditional chemicals.
Mexico's Pemex crude oil exports in August fall 32% year-on-year
Pemex's seven local refineries processed just over 1.05 MMbpd in August, up from the previous month.
Brazil oil regulator shuts Refit refinery over suspected irregular fuel imports
During the operation, authorities detained cargo from two ships carrying imported diesel oil destined for storage facilities in Rio de Janeiro and Sao Paulo.
U.S. crude stockpiles rise as refineries begin maintenance
U.S. crude oil inventories rose last week as refineries headed into maintenance season, while gasoline stocks fell ahead of the long Labor Day weekend, data from the Energy Information Administration showed.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5

