Americas

Brazil's 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.

Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth

Air Liquide will invest up to $200 MM in Louisiana, U.S., to modernize and connect an air separation unit (ASU) to its existing network.

Maire's NEXTCHEM awarded engineering contract for Pacifico Mexinol's $3.3-B, 2.1-MMtpy low-carbon methanol project

Maire announced that NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the Pacifico Mexinol low-carbon methanol project.

OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation

OCI Global announced the successful closing of the divestment of 100% of its equity interests in its Global Methanol Business (OCI Methanol) to Methanex Corporation (Methanex) for $1.9 B.

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.

Peróxidos 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.

Venezuela's 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.

Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade

Mexican authorities this week discovered a clandestine mini-refinery in the eastern state of Veracruz, along with half a million barrels of crude oil they suspect were stolen from the country's pipelines.

U.S. set to object to green jet fuel recommendation at UN aviation council

The U.S. is expected to object this month to a recommendation at the UN aviation agency council that Washington says unfairly favors Brazilian corn farmers at the expense of U.S. producers in development of green jet fuel.

Digital Feature: The invisible hand in construction projects