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Update: Mexico's Minatitlan refinery back online, Olmeca still down

The Olmeca refinery, which is yet to reach full capacity, was forced to shut down all processing units on Monday after heavy rainfall directly impacted a compressor on the 94,000-bpd gasoline-producing unit.

Honeywell technology to fuel Syzygy Plasmonics' SAF project

Honeywell announced that Syzygy Plasmonics will use Honeywell UOP Fischer-Tropsch (FT) UnicrackingTM technology to make sustainable aviation fuel (SAF) from dairy waste and renewable energy at the world’s first electrified biogas-to-SAF facility.

Brazil approves temporary antidumping measures against Canadian, U.S. polyethylene resins

Brazil trade panel Gecex/Camex approved temporary antidumping measures against the imports of polyethylene resins from Canada and the U.S., according to the Ministry of Development, Industry, Trade and Services.

Chinese independent refiner Hongrun buys Canadian, Brazilian crude

Chinese independent refiner Hongrun Petrochemical has bought crude from Canada and Brazil for its Changyi refinery that recently secured an import quota.

Pemex reports gas distribution problems around Mexico City amid tanker shortage

The company said that "immediate actions have been implemented to reinforce the supply," and that in the coming hours additional delivery units will be incorporated.

U.S. crude oil and distillate inventories rise, gasoline stockpiles fall

U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.

Thyssenkrupp Nucera abandons U.S. green hydrogen projects no longer deemed feasible

Thyssenkrupp Nucera is in intensive discussions with stakeholders in its U.S. projects and is abandoning those no longer deemed feasible due to tax and spending changes initiated by the U.S.

Citgo Petroleum returned to profit in the second quarter

Venezuela-owned U.S. refiner Citgo Petroleum registered net income of $100 million in the second quarter vs. a $25 million loss in the same quarter last year, finishing the period with liquidity of $2.6 billion.

Argentina raises biofuel prices for domestic market

The Argentine government raised biofuel prices for the domestic market, according to two resolutions published in the official gazette.

Argentina's YPF to invest $400 MM in SAF venture

The new venture, to be called Santa Fe Bio, will be run in tandem with Essential Energy and operate out of YPF's San Lorenzo refinery.