More severe El Niño in 2024 could impact energy prices
The consultancy Rystad Energy presented projections indicating a possible more intense El Niño in 2024. This raises concerns about the price of electricity in Brazil and South America. This climatic phenomenon has the potential to modify the rainfall regime. This can directly impact hydroelectric plants. Consequently, it may result in greater triggering […]
Argentine soy crushers face “disaster” with grain shortages, says chamber
Argentina's giant soy processing plants are running out of the oilseed after a historic drought cut the harvest in half, the head of the country's grain export chamber told Reuters, leaving well over two-thirds of capacity idle. of factories. For years, the South American country […]
Neste commissions SAF and renewable diesel storage capacity at Vopak terminal in Los Angeles
Finnish renewable fuel producer Neste has ordered storage capacity for sustainable aviation fuel (SAF) and renewable diesel. This order was placed at Vopak's Los Angeles terminal in California. Vopak is one of the leading infrastructure providers in the energy sector. The company reported on September 27 that […]
Ukraine reaches grain transit agreement with Poland and Lithuania
World Grain reported that Poland, Ukraine and Lithuania have reached an agreement to allow the transit of Ukrainian agricultural products through Poland to third countries, moving product inspections from the Polish border to a Lithuanian port. The October 3 report states that as part of the agreement between the three nations, […]
