South America
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.
Refiner Phillips 66 can process 250,000 bpd of Venezuelan crude
The price for Venezuelan crude does have to be competitive, and Venezuelan crude may displace some other sources of heavy crude including Western Canadian Select.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
