Diesel
Neste and Liiga team up to reduce emissions from hockey game travel
Neste and Finland's national ice hockey league, Liiga, have started a collaboration in which the majority of Liiga teams* will use Neste MY Renewable Diesel™ for their bus transportation during the 2024–2025 season in Finland.
CB&I awarded contract by Viva Energy for terminal diesel tank replacement project in Melbourne
CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable ($10 MM–$50 MM) lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10ML diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia.
Russia's Tuapse oil refinery to resume operations in November
Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November.
U.S. gasoline stockpiles hit 2-yr low on stronger demand
U.S. gasoline stockpiles fell unexpectedly last week to a 2-yr low on strengthened demand, the U.S. Energy Information Administration (EIA) said on Wednesday, while crude inventories also posted a surprise drawdown as imports slipped.
Mexico's Pemex posts wider third-quarter loss, hit by weaker peso
Mexican state-owned oil company Pemex reported a deeper $8.2-B 3Q net loss on Tuesday, hurt mostly by a weaker exchange rate even as it benefited from support from the country's new government.
Canada's renewable diesel projects hit by U.S. import surge
Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.
Enterprise opens new facility in Utah to expand strategic fuel storage
Enterprise Products Partners said the second phase of its Texas Western Products System, which houses 400,000 bpd of gasoline and diesel, was now complete with truck loading operations beginning at company's fuel terminal located in Utah.
Angola's Cabinda oil refinery to start up by April
Angola's Cabinda oil refinery is set to begin production by April, as it completes its first phase just ahead of schedule but over budget.
PetroChina set to shut top north China refinery in 2025
PetroChina is set to shut its largest domestic oil refinery around mid-2025, the country's first major closure at a state-run plant and part of a long-mooted project to replace it with a smaller facility at a new site.
Sinopec's 3Q earnings fall 52.1% on lower oil prices, refining margins
Chinese refiner Sinopec posted a 52.1% year-on-year decline in net profit to 8.54 B yuan ($1.2 B) for the third quarter because of lower oil prices and weak refining margins.
- Update: IATA airlines chief warns aviation industry falling behind on net-zero 4/7
- Improved recycling of plastic from packaging waste 4/7
- India not to raise petrol, diesel retail prices despite tax hike 4/7
- China teapot oil refiners improve run rates but demand woes, sanctions weigh 4/7
- U.S. refiners' shares hit near 2-yr lows as Trump tariffs spur fuel demand fears 4/7
- Update: India's fuel demand hits 10-month high in March 4/7
