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UAE's Mubadala Capital plans $13.5-B biofuels investment in Brazil

Mubadala Capital, a subsidiary of Abu Dhabi's Mubadala Investment Company, is planning a $13.5-B investment in Brazil's biofuels sector over the next decade.

Bia Energy Operating Co. announces significant developments for low-carbon methanol project at the Port of Caddo-Bossier in Northwest Louisiana

Bia Energy Operating Co. has announced significant project updates for its low-carbon methanol production facility at the 4,000-acre Port of Caddo-Bossier industrial multimodal facility in northwest Louisiana.

U.S. admin sets path for ethanol aviation fuel subsidies

The Biden administration (U.S.) has unveiled guidance for its sustainable aviation fuel (SAF) subsidy program, allowing corn-based ethanol to qualify if sourced from farms using climate-friendly techniques.

Mexico's Pemex exported 20,000 bpd of crude, fuel to Cuba in H2 2023

Mexico's state oil company Pemex exported about 20,000 bpd of crude and refined products to Cuba in H2 2023 through a company it owns.

INEOS completes purchase of LyondellBasell's EO&D facility in Bayport, Texas (U.S.)

INEOS Oxide and LyondellBasell completed the sale of LyondellBasell’s ethylene oxide and derivatives (EO&D) business and associated production facilities located in Bayport, Texas to INEOS.

Topsoe awarded contract to support FEED study for new low-carbon ammonia plant in Louisiana (U.S.)

Topsoe will license its SynCOR Ammonia™ technology to CF Industries for a low-carbon ammonia project in Louisiana (U.S.).

U.S. Treasury Department issues new guidance for SAF tax incentives, boosting high-emitting crop-based biofuels

U.S. Treasury Department issues new guidance for SAF tax incentives, boosting high-emitting crop-based biofuels

Ineos shuts down Canadian unit for maintenance after chemical leak

INEOS confirmed in a statement that it had shut down the Sarnia plant for maintenance and to address an unspecified mechanical issue and did not address the extent or cause of the chemical release.

India receives fuel oil cargo in Russian SCF tanker after brief halt

A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot discharged fuel oil at a western Indian port indicating a resumption in the use of SCF vessels to supply Moscow's key market after a brief halt.

Biden administration (U.S.) to release SAF tax credit model

The Biden administration (U.S.) is expected to release a climate model for its SAF subsidy program, two sources familiar with the matter said.