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Diesel

Indonesia's higher biodiesel mandate rollout may be gradual, industry watchers say

Indonesia's plan to expand its biodiesel mandate from Jan. 1, which has fueled concerns it could curb global palm oil supplies, looks increasingly likely to be implemented gradually, analysts said, as industry participants seek a phase-in period.

Major Asian oil exporters close 2025 diesel sales at lower levels vs. 2024

Major northeast Asian oil exporters have mostly finalized their 2025 sales for 10-ppm sulfur diesel exports at lower levels from 2024, underscoring a bearish market outlook for a second straight year.

China's gasoline exports surge in November ahead of tax rebate change

China's gasoline exports rebounded in November to the highest level since August 2023, as exporters rushed to sell products before a cut in tax rebates came into effect this month.

EIA: U.S. crude stocks fell last week as exports jumped

U.S. crude and distillate inventories fell in the week ending December 13 as exports surged, while gasoline stockpiles rose.

Neste introduces co-processed renewable Neste RE feedstock for the polymers and chemicals industry

By co-processing renewable raw materials such as used cooking oil together with fossil crude oil in its conventional oil refinery in Porvoo, Finland, Neste is able to produce a complementary type of Neste RE, a drop-in feedstock for the production of plastics and chemicals.

Phillips 66 outlines nearly $3-B capital program for 2025

Phillips 66 announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital.

Gazprom Neft plans to boost refined fuels output in 2025

Gazprom Neft plans to increase investment in major projects in 2025, and expects to increase oil refining and output of light oil products, the company's head, Alexander Dyukov said.

China’s refined oil consumption peaked in 2023, CNPC says

China's refined oil consumption peaked in 2023 at 399 MM tonnes (t) (7.98 MMbpd) and is expected to fall 1.3% to 394 MMt in 2024, the CNPC Economics & Technology Research Institute said on Friday

Neste supplies renewable diesel to BMW for initial fueling

Neste and BMW have announced a collaboration for the supply of renewable diesel. BMW will purchase Neste MY Renewable Diesel™ and use the fuel for the initial fill of diesel vehicles leaving their manufacturing plants in Germany.

Samsung E&A awarded $955-MM contract for 650,000-tpy biofuels plant in Malaysia

SAMSUNG E&A announced that it secured the EPCC contract for a 650,000-tpy biorefinery that will have the capability to produce sustainable aviation fuel and other biofuels such as renewable diesel/hydrogenated vegetable oil. This biorefinery will be located within PETRONAS’ Pengerang Integrated Complex, Johor, Malaysia.

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