Latin American news

Wood Mackenzie warns Middle East conflict threatens 200 million tpy of Asian LNG demand growth over next decade as Qatar declares force majeure on shipments.

HIF Global and German eFuel One GmbH have signed a HoA for the long-term offtake of e-Methanol from HIF’s Paysandú project in Uruguay.

Transition Industries LLC has signed a long-term methanol sales and purchase agreement (SPA) with Mitsubishi Gas Chemical Co., Inc. (MGC) for the offtake of ultra-low carbon methanol from its Pacifico Mexinol project, Mexico.

YPF, Eni, and XRG have announced they have signed a binding joint development agreement to advance Argentina LNG.

INERATEC has begun collaborating with a consortium that is advancing the evaluation of a potential e-Fuel value chain at the Biobío region, Chile.

Petrobras has advanced the expansion of the processing capacity of the Abreu e Lima Refinery (RNEST), Brazil, with the construction of the second set of units (train 2).

Petrobras has announced that its Board of Directors has approved the 2026 - 2030 Business Plan (PN 2026 - 30).

Inpasa, the largest grain ethanol biorefinery in Latin America, has announced the start of construction of its new unit in Rio Verde, Brazil.

Companies operating in Brazil have expanded the country’s LNG regasification infrastructure since 2020, more than doubling its import capacity, the EIA has reported.

Braskem S.A. has announced it will increase the ethane base capacity of its petrochemical plant in Rio de Janeiro, Brazil, by 220 000 tpy of ethylene and equivalent volumes of polyethylene.