Diesel
Malaysia begins diesel subsidy reforms, prices to rise by about 50% on Monday
Diesel fuel prices in much of Malaysia are set to rise by roughly 50% on Monday as the government begins shifting away from costly blanket subsidies to a targeted approach that mainly helps the needy.
Cerilon GTL advances engineering work, with FID scheduled for mid-2026
Cerilon announced today that it has successfully completed front-end-loading (FEL 2) for its gas-to-liquids (GTL) facility in North Dakota and is moving into front-end engineering design (FEED), the last stage before the company makes a final investment decision (FID) for its foundational GTL project.
India's May fuel use inches up on month on strong industrial activity
India's fuel consumption edged higher in May from the previous month, as strong industrial activity and general elections boosted fuel demand in Asia's third-largest economy.
China's May crude oil imports fall 8.7% on weak refining margins
China's crude oil imports fell 8.7% in May from a year earlier as refiners scaled back purchases amid heavy plant overhauls, subdued profit margins and weak demand for refined oil products.
Element Fuels readies site for H2-powered refinery in south Texas (U.S.)
Located within the Port of Brownsville, the complex is designed to exclusively process domestic high-gravity shale oil into high-octane, low-carbon fuels and low-carbon hydrogen, produce reliable electricity.
Singapore's middle distillates stocks edge up as net exports dip
Singapore's middle distillates stockpiles edged up 0.4% this week, tracking lower net exports of diesel/gasoil and jet fuel/kerosene and continuing imports from key regions such as China, India and Saudi Arabia.
Talks end on Shell MiRO refinery stake sale to Czech firm
Talks on the sale of Shell Deutschland's 32.5% stake in Mineraloelraffinerie Oberrhein GmbH (MiRO) in the southern German city of Karlsruhe to Czech state-owned pipeline operator MERO have ended without an agreement.
Taiwan's Formosa plans June run cuts due to weak refining margins
Due to weak margins, Taiwan's Formosa Petrochemical Corp plans to cut run rates at its crude distillation units by 40,000 barrels per day (bpd) to 440,000 bpd in June.
Neste completes major turnaround at Porvoo refinery
The nearly 400-MM euro turnaround of Neste’s Porvoo refinery in Finland has been successfully completed, and crude oil processing and renewable and circular raw materials processing has begun operations.
EIA: U.S. diesel demand for March hits 26-yr seasonal low
U.S. diesel demand fell to its lowest seasonal level in March since 1998, while crude oil output rose to a multi-month high, according to data from the U.S. Energy Information Administration (EIA).
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
- Oil via Russia's Druzhba pipeline halted by technical problems 12/20
