South America
ADNOC terminates talks to buy stake in Brazil's Braskem
Brazilian petrochemical producer Braskem said that Abu Dhabi oil company ADNOC has decided to terminate talks to buy a stake held by conglomerate Novonor in the firm.
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.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry.
Brazil's Timbro to export 40% more sugar, enter ethanol market in 2024
Brazilian international trade platform Timbro expects to increase its sugar exports by more than 40% in 2024 to 2 MMt, while also expanding operations to enter the ethanol market.
Turkey, Brazil remain main importers of Russian seaborne diesel
Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the import of Russian refined products.
Petroperu announces stoppage at unit at Talara refinery
Peru's state oil firm Petroperu announced the stoppage of a key unit at its recently modernized Talara refinery through the end of June, due to power supply failures and operational problems which had been ongoing since early February.
Global Project Data: Spotlight on petrochemicals
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,100 active projects in the hydrocarbon processing industry (HPI).
Global refinery capacity totaling 3.6 MM bpd at high-risk of closure
As much as 3.6 MM bpd of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis.
More than 20% of global oil refining capacity at risk, analysis finds
More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published, as gasoline margins weaken and the pressure to reduce carbon emissions mounts.
Petroperú selects Honeywell cybersecurity solutions to bolster cyber resiliency
Honeywell announced that Petróleos del Perú S.A., one of the largest hydrocarbon producers, refiners and distributors in Peru, will implement Honeywell cybersecurity solutions in order to help Petroperú strengthen the cyber resiliency of its refinery operations and accelerate its broader digital transformation.
- ADNOC takes FID, awards $5 B in contracts for Phase 1 of its Rich Gas Development project 6/10
- Honeywell, Johnson Matthey, Gidara Energy and Samsung E&A form SAF technology alliance 6/10
- The U.S. produced more energy in 2024 than ever before 6/10
- Japan’s Taiyo Oil buys first Russian crude in more than two years on government request 6/10
- TRE HOLDINGS, Mitsubishi Gas Chemical to study feasibility of using woody biomass and waste to produce green methanol in Japan 6/10
- Honeywell completes acquisition of Sundyne to expand process industry capabilities 6/10
