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Americas

Colombia cops seize 7.3-MM gallons of crude in raids on illegal refineries

Colombian police have seized more than seven million gallons of crude oil in raids on illegal refineries, in an operation targeting production of bootleg fuel in Norte de Santander province.

bp's Indiana (U.S.) refinery back to normal operations after Feb outage

bp’s 435,000-bpd Whiting, Indiana (U.S.), refinery has returned to normal operations for the first time since a February plantwide power outage.

Sanctioned tanker NS Century reaches China port to discharge Russian oil

The oil tanker NS Century, which is under sanction by the U.S., arrived at the Chinese port of Qingdao late to discharge its cargo of Russian crude oil, LSEG shipping data showed.

First carbon capture pilot rig delivered by Compact Membrane Systems

Compact Membrane Systems announced that it has delivered a carbon capture pilot rig to OMV, a leading petrochemical company in Austria.

Brazil's 2024 ethanol exports seen strong, helped by corn ethanol

Brazil has the potential to maintain exports of ethanol at strong levels in 2024, after last year posting the highest volumes since 2020 due to an increase in corn ethanol supply.

U.S. Justice Department is also probing ADM's ethanol trading desk

The U.S. Justice Department is investigating Archer-Daniels-Midland's ethanol trading operation as part of a broader probe of the commodities giant's accounting practices.

LyondellBasell sees strong chemical market in North America, while Europe and China lag

LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.

U.S. crude stocks post surprise drop as refiners ramp up processing

Crude inventories fell by 1.5 MM barrels to 447 MM barrels last week, the EIA said, compared with analysts' expectations in a poll for a 1.3 MM-barrel rise.

Avfuel and Neste ink extension of SAF supply agreement

Avfuel Corporation and Neste finalized a partnership extension that keeps the companies at the forefront of SAF supply for business aviation, cementing their leadership positions in the sustainable space.

Brazil mills boost sugar capacity, 'leave' ethanol to corn processors

Brazil cane mills will boost their sugar production capacity as much as 10% in the new season from April to take advantage of relatively high sugar prices and as increasing supplies of corn make the grain a cheap feedstock for ethanol output.