South America
Russia increases fuel, diesel supply to Bolivia amid rising energy crisis
Russia is increasing exports of motor fuels to Bolivia, according to data from LSEG vessel tracking and industry sources, as an energy crisis worsens in the Latin American country and Moscow needs to expand sales hit by Western sanctions.
Wärtsilä to test ethanol-fueled engine for large-scale electricity generation
Technology group Wärtsilä has partnered with Brazilian energy company Energetica Suape II S.A, majority owned by Grupo Econômico 4M, to conduct a world-first clean energy trial, which will see ethanol—a biofuel mainly produced from sugarcane—used to generate clean power.
Brazil's diesel imports rise with Petrobras above parity
Brazil's diesel imports in March exceeded the same month in 2024, as Brazil's state-run oil firm Petrobras sold the raw material for several days at prices above import parity.
Trump to hit Venezuelan oil buyers with tariff, extends Chevron's wind down
U.S. President Donald Trump on Monday issued an executive order declaring that any country buying oil or gas from Venezuela will pay a 25% tariff on trades with the U.S., while his administration extended a deadline for U.S. producer Chevron to wind down operations in the South American country.
Venezuela's PDVSA to keep producing, exporting and processing oil previously handled by Chevron
Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest JV with Chevron once a license for the U.S. major to operate in the country expires next month.
Increase of ethanol mix in gasoline to 30% backed by tests, Brazil ministry says
Tests in Brazil exploring the viability of increasing the proportion of anhydrous ethanol mixed with gasoline to 30% showed "consistent performance" and "real environmental benefits," Brazilian Minister of Mines and Energy Alexandre Silveira said on Monday.
COAMO Agroindustrial Cooperativa selects ICM for design and engineering of new corn biorefinery in Brazil
COAMO Agroindustrial Cooperativa has selected ICM Tecnologia em Biocombustíveis Ltda. (ICM) to provide professional services and equipment for a new dry-mill grain ethanol production facility at the COAMO industrial site in Campo Mourão, Paraná.
Indian refiners turn to Latin America, Africa to replace Russian oil in Feb.
India's crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions.
Guyana considers plan to refine oil in US, import fuel
Guyana is considering a plan to export crude oil to the U.S. for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan Ali said.
Bolivia issues incentives to import fuel, help private sector meet shortages
Bolivia's energy ministry announced a set of incentives to import gasoline and diesel, in a bid to promote the country's private market and overcome an extended fuel shortage.
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