South America
Brazil's Petrobras to raise diesel output by 120,000 bpd this year
Brazilian state-run oil firm Petrobras expects to boost diesel output by some 120,000 bpd this year as it expands low-sulfur diesel production in some of its refineries.
Guyana, Dominican Republic discuss possible refinery and petrochemical plant construction
Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a petrochemical plant and possible refinery in the South American country.
Brazil to keep mandatory biodiesel blend at 14%
Brazil's national energy council has decided to keep the local mandatory biodiesel blend into diesel at 14% from March instead of raising it to 15% as previously expected.
Brazil says U.S. ethanol tariff would be unreasonable, calls for sugar talks
Brazil's Energy and Mining Minister Alexandre Silveira said on Thursday that a potential U.S. tariff on Brazilian ethanol would be unreasonable, emphasizing that the two countries have historically negotiated ethanol and sugar trade together.
Petrobras reports record high refinery output in 2024
Brazil's Petrobras saw output from its refineries hit an all-time high in 2024 with record production of gasoline and S-10 diesel.
Turkey and Brazil top buyers of Russian diesel
Turkey and Brazil remained the main importers of Russian seaborne diesel and gasoil last year amid the European Union's ban on imports of Russian refined products.
Port of Açu and Yamna announce land reservation agreement for green ammonia plant in Brazil
Port of Açu Operações (Port of Açu) and YamnaCo Ltd. (Yamna) have signed a land reservation agreement in the new hub for low-carbon hydrogen (H2) and its derivatives in the port industrial complex of Port of Açu in the northeast of Rio de Janeiro State to develop a green ammonia project.
Brazil's Petrobras raises jet fuel prices by around 7% in key markets
Brazilian state-run oil firm Petrobras hiked jet fuel prices for distributors starting on Jan. 1 by around 7% in some key marketing areas, such as Betim, Guarulhos and Duque de Caxias.
Venezuela's 2024 oil exports climb 10.5% amid political turmoil, refinery outages
Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.
Global diesel prices to rely on refinery closures for support in 2025
The global diesel market will likely find price support in 2025 from the closure of about 1% of refining capacity, traders and analysts said, offsetting current weakness and structural downward pressure as the world shifts to cleaner fuels.
- SAMSUNG E&A holds contract ceremony for $354-MM bio plant 3/24
- MOL Chemical Tankers concludes time charter contract for ammonia dual-fuel vessels with CMB.TECH 3/24
- PowerCell secures 2-MW order for M2Power 250 systems in maritime sector 3/24
- Baghdad waste-to-energy project marks a step towards a more sustainable future with SUS ENVIRONMENT support 3/24
- thyssenkrupp Uhde secures landmark contract for GNFC's new nitric acid plant 3/24
- EIA: Jet fuel made up a record share of U.S. refinery output in 2024 3/24
