Diesel

India must boost its petchem output to counter China's dominance, Reliance says

India must increase its petrochemical production capacity to meet local and global demand and contain China's growing dominance of the sector.

Indian Oil to upgrade Panipat refinery's diesel unit for green jet fuel production

Indian Oil Corp plans to shut the diesel desulfurizer unit at its 300,000-bpd Panipat refinery for an upgrade aimed at producing sustainable aviation fuel (SAF) next year, Arvind Kumar, its head of refineries, said.

Greenergy proposes to close Immingham biodiesel plant in the UK

U.S. crude stockpiles increase, gasoline falls on July 4 driving demand

U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend, according to the Energy Information Administration (EIA).

Nigeria's Dangote refinery plans 1.6-MMbbl fuel storage tanks in Namibia

Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 MMbbl of gasoline and diesel to supply refined fuel to southern Africa.

Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex

Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.

Brazil's energy minister hints at possible fuel price cuts

Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining capacity.

Angola hikes diesel price again to bolster public finances

Angola hiked the diesel price by one-third from Friday as part of the government's drive to curb costly subsidies and shore up public finances.

Diesel East-West price spread nears 1.5-yr high amid supply concerns West, stable East

The front-month diesel East-West price spread hit its widest in 1.5 yr of slightly more than $73 per tonne (t) at Asia market close, LSEG data showed on Monday, underscoring supply concerns in the West and steady Asian fundamentals.

Russian seaborne diesel exports fall in June due to maintenance

Russia's seaborne diesel and gasoil exports fell in June by 6% on a monthly basis to about 3.35 MMt as production volumes fell due to refinery maintenance.