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Americas

Colombia's Ecopetrol to invest up to $700 MM in SAF production plant

Colombia's state-run energy company Ecopetrol plans to invest up to $700 MM to build a plant at the Barrancabermeja refinery to produce sustainable aviation fuel

Solvay partners with Cavalinho to reduce emissions at Brazilian chemical plant

Solvay will be one the first companies in Brazil to adopt biofuel-powered trucks for transportation, supporting its goal of cutting scope 3 emissions by 20% by 2030.

Brazil's Petrobras lowers diesel prices for first time in more than a year

Brazilian state-run oil company Petrobras said it will lower refinery gate diesel prices for the first time in more than a year, as local prices currently stand above import parity.

Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management

Phillips 66's Independent Board Director Bob Pease has written a letter to the company's shareholders regarding the dispute with Elliott Investment Management.

Shell unveils market strategy during Capital Markets Day

During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification.

ExxonMobil challenges Colonial Pipeline on proposed changes to fuel shipping terms

ExxonMobil asked regulators to block changes proposed by Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers and consumers, a filing with the U.S. Federal Energy Regulatory Commission (FERC) showed.

U.S. ethane production, consumption and exports set new records in 2024

U.S. ethane production, consumption, and exports reached record highs in 2024. Increasing ethane recovery associated with natural gas production and continued growth in the domestic and global petrochemical sectors drove these increases.

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.

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.

Nextchem to provide technology for Pacifico Mexinol's ultra-low carbon methanol plant (Mexico)

When it initiates operation in 2028, Pacifico Mexinol's facility is expected to be the largest single ultra-low carbon methanol facility in the world, producing approximately 350,000 tpy of green methanol and 1.8 MMtpy of blue methanol from natural gas with carbon capture.

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