Diesel
US gasoline, distillate stocks fall as run rates rise
Refinery crude runs rose by 414,000 bpd and refinery utilization rates rose 2 percentage points to 90.4% of total capacity, the highest rate seasonally since 2005.
Indonesia considers removing diesel subsidies in revised 2016 budget
The administration removed gasoline subsidies at the start of 2015, but kept subsidising diesel fuel. It reallocated the money to infrastructure expenditure.
EU clears Statoil to buy Shell’s Danish fuels unit
The European Commission had been concerned that the deal could have led to Danish consumers paying more for their fuel, diesel, gasoline and light heating oil.
Britain sees first sustained improvement in fuel consumption since 2007
More traffic is resulting in the first sustained increase in fuel consumption since 2007, a development welcomed by refiners and retailers but which complicates the government's climate plans.
Russia’s Lukoil starts diesel exports by pipeline
Industry sources said that March supplies of ultra-low-sulfur diesel (ULSD) from Vysotsk will total 350,000 tons, of which 100,000 tons will be shipped via the spurt of Sever (North) trunk.
Brazil sees ethanol, diesel sales plunge from 2015; gasoline drops less
Diesel sales fell 6.6% in the two first months of the year versus similar period in 2015, reflecting reduced economic activity as Brazil faces its worst recession in decades.
Indian Oil raises fuel costs to reflect global prices
India's three state-controlled oil companies, IOC, Bharat Petroleum and Hindustan Petroleum, tend to adjust retail prices of fuels in concert.
EIA: Gasoline, distillate stockpiles drop in US amid high demand for fuels
Gasoline demand over the past four weeks was up 6.4% from a year ago at 9.4 million bpd. Distillate stockpiles, which include diesel and heating oil, fell 1.1 million bbl, in line with expectations
AltAir selects UOP’s renewable jet fuel technology at California biorefinery
AltAir revamped portions of a petroleum refinery in Paramount, California, where it is now producing renewable transportation fuels for commercial and military use.
ExxonMobil to sell Canadian retail fuel network
The sales by ExxonMobil subsidiary Imperial Oil are anticipated to close by year-end 2016, subject to regulatory approvals. Proceeds from the transactions are valued at about C$2.8 billion.
- Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex 7/8
- Braskem completes first sale of circular polyethylene in South America 7/8
- bp's 440,000-bpd refinery in Whiting, Indiana (U.S.), reported flaring due to operational conditions 7/8
- UK's insolvent Lindsey oil refinery secures some crude supply to keep running for now 7/8
- Brazil's energy minister hints at possible fuel price cuts 7/8
- Marathon Galveston Bay refinery (U.S.) hydrotreater to remain shut until September 7/8
