Diesel
Russia's Far East oil refinery operating at full capacity after fire
An oil refinery operated by Russian oil giant Rosneft in Komsomolsk-on-Amur in the country's Far East region is producing at full capacity after a fire at the site was extinguished on Thursday.
Iowa (U.S.) biodiesel leaders applaud Grassley effort urging RFS biofuels Increase
The Iowa Biodiesel Board (U.S.) and the Iowa Soybean Association commended Senator Chuck Grassley (R-IA) and 15 of his Senate colleagues for urging the U.S. Environmental Protection Agency (EPA) to increase volumes of biomass-based diesel, including biodiesel, under the federal Renewable Fuel Standard (RFS).
India not to raise petrol, diesel retail prices despite tax hike
India on Monday raised excise duty on petrol and diesel without passing on higher costs to consumers, a move that would boost the government's tax collection amid falling global oil prices.
U.S. refiners' shares hit near 2-yr lows as Trump tariffs spur fuel demand fears
Shares of U.S. refiners fell to near 2-yr lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower fuel demand and weakening refining margins rattled investors.
Update: India's fuel demand hits 10-month high in March
India's fuel demand in March hit a 10-month high, rising 9.3% from the previous month to 20.91 MM tonnes (t).
Oil and gas investor Afreximbank earmarks $3 B to support locally-refined products
The African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 B to finance the purchase of refined products within Africa as part of broader plans to boost refining capacity.
Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B
Brookfield Infrastructure Partners L.P. and its institutional partners reached a definitive agreement to acquire 100% of Colonial Enterprises, which includes the Colonial Pipeline, for an enterprise value of approximately $9 B. Colonial is comprised of the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas and New York.
Oil, gas and refined product imports exempted from Trump’s sweeping tariffs
The exemption will come as a relief to the U.S. oil industry, which had expressed concerns that new levies could disrupt flows and raise costs on everything from Canadian crude oil serving Midwest refineries to European cargoes of gasoline and diesel to the eastern seaboard.
DB Schenker to use Neste's renewable diesel to decarbonize logistics in Asia
Neste and DB Schenker, one of the world’s leading logistics service providers, have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics.
Shell completes Singapore refinery sale to Chandra Asri-Glencore JV
Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore JV, and trade sources said the new owners had already started purchasing feedstock.
- thyssenkrupp Uhde to deliver sustainability and digital services for Brunei Fertilizer Industries 4/10
- TransTech and Metalforms complete acquisition of Koch Heat Transfer's assets 4/10
- Russia lacks infrastructure to replace U.S. LPG for China 4/10
- CF Industries, JERA, Mitsui & Co. form JV for production and offtake of low-carbon ammonia 4/10
- Taiwan's Formosa cuts refinery run rate to 68% on planned maintenance 4/10
- Russia's Far East oil refinery operating at full capacity after fire 4/10
