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Americas

Lummus announces commercial availability of SAP technology

Lummus Technology announced the commercial availability of its Saplene super absorbent polymer technology.

Venezuela's main refining complex running at 10% of capacity after two CDUs shutdown

Venezuela's largest refining complex, the 955,000-bpd Paraguana Refining Center, was operating at about 10% of capacity after two CDUs were shutdown due to a fire and lack of feedstock.

Argentina drivers hunt for fuel 'like water in the desert' amid shortage

Argentine drivers ran the gauntlet to find scarce supplies of petrol to fill their tanks amid the most acute fuel shortage in years, which has left many filling stations out of supply and long lines at any pumps still operating.

U.S. Midwest diesel prices likely to drop as demand trails off, supplies improve

High retail diesel prices in the U.S. Midwest are drawing more supplies from Gulf Coast and Chicago pipelines that should ease supply worries and cool prices, traders said, as farmers wrap up harvests and winter demand has yet to arrive.

Argentina says fuel shortages should ease soon, imports arriving

The Argentine government and oil companies said fuel shipments are starting to arrive that in coming days should ease a shortage, after a spike in demand caused long lines at gas stations.

Hydrocarbon Processing honored at global media awards gala

Hydrocarbon Processing was awarded two Eddies from FOLIO, which recognizes the highest achievement in the global media industry. Hydrocarbon Processing received awards for Best Full Issue for its deep-dive into the technologies that are facilitating sustainability, and Best Series of Articles for its look at the History of the HPI.

Valero to run its 14 refineries at up to 96.5% capacity in Q4

Valero Energy plans to operate its 14 oil refineries in North America and Britain at up to 96.5% of their combined total throughput capacity of 3.2 million bpd in the fourth quarter.

LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling

Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.

Ecopetrol CEO says oil industry's future not threatened by energy transition

Colombia's oil and gas industry is not coming to an end due to the transition to cleaner energy in response to a union statement which alleged executive decision-making is threatening the majority state-owned company's future.

Venezuela's PDVSA signs new euro-denominated fuel contracts amid U.S. sanction easing

Venezuela's PDVSA has signed at least two new spot contracts to export fuel oil and asphalt cement, demanding prepayment in euros from customers as the state-run oil company begins to turn to cash sales after the U.S. eased sanctions.