Diesel
Indonesia on track to launch B50 biodiesel program on July 1
Indonesia revived its plan to raise the biodiesel ratio to 50% from the current 40% in March, in a response to the oil supply disruptions that followed the U.S. and Israel attacks on Iran.
China sets sights on heavy truck electrification in blow to diesel demand
By 2030, EVs will make up 40% of new heavy truck sales in China and 20% of the total fleet, or 1.6 MM vehicles.
Britain says full import ban on Russian diesel, jet fuel will happen by 2027
The government said existing sanctions were not being lifted, but new sanctions were being phased in.
Russia authorizes refineries to lower gasoline environmental requirements to stave off fuel shortages
Ukraine has for months targeted Russian refineries, pipelines and fuel depots in an effort to curb Moscow's ability to finance the war on its neighbor.
U.S. summer driving season hits as gasoline supplies squeezed tight
Surging summer demand from American motorists has not stopped U.S. refiners from increasingly prioritizing lucrative diesel and jet fuel production to backfill global shortages caused by shipping disruptions at the Strait of Hormuz.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
