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South America

India's Reliance wins U.S. license for Venezuelan oil

A general license authorizes the purchase, exportation, and sale of Venezuelan-origin oil that has already been extracted, including the refining of such oil.

YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project

Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026

Consortium advances power-to-liquids e-Fuel plant in Chile

About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining

HIF Global eyes significant capex savings on $4-B Brazil eFuels plant

Cemvita and Radix to advance circular SAF feedstock plant in Brazil

Cemvita’s proprietary biomanufacturing platform converts crude glycerin into a versatile bio-oil that can be upgraded into high-value, drop-in feedstocks, including co-processing in existing refineries and/or hydro-processed esters and fatty acids (HEFA)-based SAF, expanding both the feedstock base and the decarbonization potential of the fuel value chain.

U.S. authorizes U.S. diluent supply to Venezuela oil sector

Diluents are a key fuel needed to produce exportable crude oil grades.

Brazil on track for ethanol production jump in 2026

Healthy ethanol prices, expansion of corn ethanol plants and an expected large sugarcane crop will lead to a jump this year in output of the biofuel in Brazil.

Venezuela oil exports rise sharply in January under U.S. control

Venezuelan oil exports rose to some 800,000 bpd in January, from 498,000 bpd in December, after the U.S. capture of Nicolas Maduro and the ending of an oil blockade which has let traders carry most exports, shipping data showed.