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South America

Brazilian sugarcane processors mulling switch to more ethanol production

Some sugarcane processors in Brazil are closely following the price gap between sugar and ethanol and could start making more of the biofuel if sugar prices continue to fall and oil prices continue their recovery from recent lows.

Some Brazil sugar mills weighing switch to ethanol

Some sugarcane processors in Brazil are closely following the price gap between sugar and ethanol and could start making more of the biofuel if sugar prices continue to fall and oil prices continue their recovery from recent lows.

Traders rebrand Venezuelan oil for China as Brazilian

Traders have rebranded more than $1 B of Venezuelan oil shipments to China as Brazilian crude over the past year, according to two tanker tracking firms, helping buyers to cut logistics costs and circumvent U.S. sanctions.

Copersucar revenue to grow by $1.5 B after Eco-Energy deal with Green Plains

Brazilian company Copersucar's annual revenue will grow by $1.5 B after its majority-held subsidiary Eco-Energy reached a deal to sell and distribute ethanol produced at Green Plains' plants in the United States.

As Brazilian president visits China, $1-B SAF deal announced

Brazil announced two Chinese partnerships on Monday, including a $1-B investment by China's Envision Energy to produce sustainable aviation fuel (SAF), as the country's president visits China.

HIF, Porsche AG and Shell sign e-Fuels supply agreement for Haru Oni facility

HIF Global, through its subsidiary HIF Chile, signed an agreement with Porsche AG and Shell for the delivery of e-Fuels produced by HIF’s Haru Oni e-Fuels facility in Punta Arenas, Chile.

Digital Feature: How consensus-based standards are shaping the future of oil and natural gas worldwide

With its cross-border projects, interconnected supply chains and technical systems spanning continents, the global oil and natural gas industry is indeed complex. And while managing safety, sustainability, efficiency and reliability across these diverse environments has never been simple, the challenges continue to grow as expectations rise and technologies evolve.

Venezuela restarts Carbon refinery's FCCU after a year out of service

Venezuela's second largest refinery, Cardon, restarted its fluid catalytic cracker which had been out of service for more than a year due to a failure and lack of raw materials

Petrobras doubles processing capacity at UPGN in Boaventura Energy Complex

The second module of the natural gas processing unit of the Boaventura Energy Complex, located in Itaboraí, has begun commercial operations. In addition to the first module, inaugurated last year, the unit's total processing capacity reaches 21 million m³/day.

Venezuela loses 20% of oil exports after cargo cancellations to Chevron

Venezuela's oil exports fell almost 20% to some 700,000 bpd in April, the lowest level in nine months, as cargo cancellations to U.S.-based producer Chevron forced ships to return and left some ports empty.

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