Diesel
Stellantis unit to pay $4.2 MM to resolve California (U.S.) emissions probe
Stellantis unit FCA US has agreed to pay $4.2 MM to resolve a California (U.S.) investigation into excess emissions.
Portugal's Galp plans to start producing biofuels in 2026
Portugal's Galp Energia expects to start producing biodiesel and biojet fuel from waste in an industrial-scale unit it is building at its Sines refinery in 2026.
Nigeria's Dangote Refinery hits 85% refining capacity
Nigeria's Dangote Refinery is now operating at 85% capacity and is on course to deliver European-standard products by January, an executive said on Friday.
Sinopec: China's oil consumption to peak by 2027
China's oil consumption is set to peak by 2027, state refining giant Sinopec said on Thursday, as diesel and gasoline demand weaken in the world's biggest oil importer, a slowdown that has rattled global oil markets this year.
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.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
