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Diesel

Chinese, Indian refiners seek new supplies as US sanctions tighten grip on Russian oil

Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.

bp warns of 4Q profit hit, drop in refining margins

bp has warned that its 4Q results will be hit by weaker oil and gas production, refining margins and trading.

Turkey and Brazil top buyers of Russian diesel

Turkey and Brazil remained the main importers of Russian seaborne diesel and gasoil last year amid the European Union's ban on imports of Russian refined products.

U.S. oil refiners brace for a tough year as investor sentiment turns negative

Some investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude.

WTO panel largely backs EU in palm oil case against Indonesia

A World Trade Organization (WTO) panel found largely in favor of the European Union (EU) on Friday in a case brought by Indonesia against the bloc's restrictions on palm oil-based biofuel.

Kinder Morgan fuel pipelines return to service after Californian power outages

Kinder Morgan Inc. said two of its fuel pipelines, SFPP West and CALNEV, had returned to service on Friday, having been shut down since Jan. 8 due to power outages in Southern California.

Neste MY Renewable Diesel introduced to the Italian market in collaboration with fuel distributor Firmin

Neste is partnering with the Italian fuel distributor Firmin to make Neste MY Renewable Diesel available for the first time in Italy to contribute to the reduction of greenhouse gas emission in the transport sector.

Axens tapped for 3 new Vegan® licenses for SAF and renewable diesel production

Galp, LOKEN and SAFCO Venture Holdings Limited have selected Axens’ Vegan® technology for their hydrogenated vegetable oil and sustainable aviation fuel production facilities located in Portugal, Malaysia and Pakistan.

Neste, KPI OceanConnect and Global Energy collaborate for first delivery of Neste MY Renewable Diesel to Singapore marine sector

Neste and KPI OceanConnect, a global provider of marine energy solutions, have collaborated on the supply of Neste MY Renewable Diesel™ to the marine sector in Singapore in partnership with Global Energy for operational delivery in Singapore waters.

Asia's crude oil imports drop in 2024 as weak China weighs

Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China and other major buyers, with only India managing sparse growth.

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