Americas
Meet gasoline quality and process safety requirements through new alkylation technologies
The catalytic alkylation process is very attractive to countries with high gasoline consumption and a sizable availability of LPG. This process can produce high-octane gasoline with low levels of contaminants, although there are high capital investment and operational costs associated with this technology.
Mexico's new Pemex refinery processes 65,000 bpd of crude in July but no gasoline
Mexican state oil firm Pemex's newest refinery processed some 65,046 bpd of crude oil in July, its first month of operations after multiple delays, and just over 30,000 bpd of diesel and coke.
U.S. FAA awards nearly $300 MM to SAF projects and technologies
The Federal Aviation Administration (FAA) announced that $291 MM in funding was awarded from the Inflation Reduction Act for projects that will help achieve the goal of net-zero greenhouse gas emissions from aviation by 2050.
Oil spill reported off Venezuela's Caribbean coast
An oil spill, which appeared to originate from Venezuela's El Palito refinery several days ago, has contaminated a bay off the country's north-central coast in the Caribbean Sea.
Be8 signs license agreement with Praj for ethanol plant
Be8 has chosen and entered into a license agreement with Praj, an Indian company and global leader in bio-energy, to establish the process, design and engineering of its first ethanol plant in Passo Fundo, Rio Grande do Sul, Brazil.
Brazil's fossil push undermines Lula's green ambitions
Brazil is positioning itself as a leader in the global transition towards clean energy, with hydropower as its top source of electricity, wind and solar growing rapidly, and renewables fueling a quarter of its transport. But Brazil has also invested heavily in fossil fuels, and the government plans to turn the country from world's seventh biggest oil producer into its fourth by 2030.
Brazil's Raizen partners with Dutch biorefinery to explore lignin uses
Brazil's Raizen, the world's largest sugarcane processor, has struck a deal with Dutch biorefinery Vertoro to develop new uses for lignin, a residue from second-generation ethanol (E2G) production, including its conversion into advanced biofuels, chemicals and materials.
GlobalData: North America to dominate global renewable refinery capacity additions through 2028
Global consumption of renewable fuels produced in refineries is increasing due to environmental concerns about fossil fuels, technological advances and growing regulations on carbon emissions.
Argentina's YPF profit up 41% in 2Q as demand grows at home, abroad
Argentina's state oil firm YPF has reported that its net profit climbed nearly 41% in 2Q, beating analyst expectations as domestic demand for diesel grew and oil exports rose.
Citgo reports $25-MM loss in 2Q over unfavorable market conditions
U.S. oil refiner Citgo Petroleum on Thursday reported a net loss of $25 MM in 2Q following unfavorable market conditions and refinery maintenance and upgrades, compared with income of $410 MM in the quarter immediately prior.
- Neste introduces co-processed renewable Neste RE feedstock for the polymers and chemicals industry 12/17
- Vitol agrees to acquire 66.84% of plastics recycling company WPU 12/17
- Baker Hughes, UC Berkeley (U.S.) establish global decarbonization research institute 12/17
- India's BPCL plans to expand refining capacity by 2028 12/17
- Phillips 66 outlines nearly $3-B capital program for 2025 12/16
- Mabanaft reaches agreement with Hapag-Lloyd to supply B30 bunker fuel in Hamburg 12/16
