Diesel
Industry Metrics
Healthy US domestic gasoline demand continued, despite supply pressure from refineries returning from maintenance and resumed Colonial Pipeline operations.
China's diesel demand likely to rise ahead of Lunar New Year
SINGAPORE (Reuters) -- China's diesel demand is likely to pick up pace ahead of the Lunar New Year as traders stock up barrels ahead of the festivities and as construction activity picks up in some areas, four trade sources said on Thursday.
Axens awarded PolyFuel supply contract for Petrobrazi refinery
OMV Petrom has selected Axens to supply the PolyFuel technology for its project at the Petrobrazi Refinery. The capacity of the project is 200,000 tpy.
Death of diesel in passenger cars of limited concern to refiners
LONDON (Reuters) -- Even if the diesel engine's scandal-driven fall from grace pushes it out of the world's passenger cars, an increasing need for it on ships, in trucks and heavy industry could save the refineries that invested heavily in producing the fuel.
India's diesel demand boosts rare imports of the fuel
SINGAPORE (Reuters) -- A rise in diesel demand is boosting India's rare imports of the industrial and transport fuel, helping to mop up some of the excess supply of the fuel in Asia, traders said on Wednesday.
Sturgeon Refinery project nears completion of phase one in Canada
OTTAWA -- Phase one of the Sturgeon Refinery, which will process bitumen and produce primarily diesel fuel in Alberta, is nearing completion. The project shows that additional economic value can be generated within the province, according to a Conference Board of Canada report, “Is There Value in Adding Value?” an assessment of the Sturgeon Refinery.
Nigeria central bank to auction dollars for fuel import
LAGOS (Reuters) -- Nigeria's central bank has asked banks to submit bids for a "special currency auction" targeting fuel importers to meet demand for matured letters of credit, traders said on Monday.
Business Trends: Global refining overview—Part 4
Throughout its overview series of the global refining industry, <i>Hydrocarbon Processing</i> has provided a look at the state of the refining industry, new project developments, demand outlooks for the refining sector and the move to low-sulfur fuels. The previous sections have taken a detailed look at the refining sectors of Asia-Pacific, North America and South America. This fourth and final installment analyzes major trends in Africa, Europe and the Middle East, and offers data on planned refinery capacity additions, upgrades and grassroots facilities.
Industry Metrics
Stronger demand and falling inventories allowed US gasoil cracking spreads to recover, while gasoline was supported by outages.
Brazil's Petrobras to cut diesel, gasoline prices as oil falls
State-controlled Petróleo Brasileiro SA said it plans to cut diesel and gasoline prices at the refinery point, following a decline in oil prices.
- Shell shuts down Singapore oil processing unit to investigate leak 12/27
- Peru declares environmental emergency after oil spill 12/27
- New York (U.S.) to fine fossil fuel companies $75 B under new climate law 12/27
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
