Diesel
Asia spot diesel discounts narrow amid tightened supply
Northeast Asian refiners sold November-loading ultra low-sulfur diesel at the narrowest discounts since the start of the year as supply has tightened due to lower regional output.
Neste MY Renewable Diesel to power Verne data centers’ back-up generators in Finland
Neste’s renewable diesel helps Verne, a provider of sustainable data center solutions for high intensity computing, to transition its operations from fossil to renewable fuels. Verne's data centers in Helsinki, Pori and Tampere in Finland will use Neste MY Renewable Diesel to power their backup generators.
Phillips 66 agrees to sell interest in Switzerland-based joint venture
Phillips 66 has announced that its subsidiary, Phillips 66 Ltd., has entered into a definitive agreement to sell its 49% non-operated equity interest in Coop Mineraloel AG (CMA) to its Swiss joint venture partner.
China oil imports fall from a year ago for fifth month, newest refinery starts up
China's oil imports fell in September by 0.6% from a year earlier, as plants curbed purchases because of weak domestic fuel demand and narrowing export margins.
Singapore marine fuel sales down for second month in Sept., though biofuels climb
Sales of marine bunker fuel at Singapore eased for a second consecutive month in September, though marine biofuel sales surged to a fresh record high.
Russia's largest oil refinery lifts 9-month crude processing by 4%
The Omsk oil refinery, Russia's largest by production volumes, increased crude processing by 4% year-on-year in the January to September period thanks to a modernization of its facilities.
Russia considers diesel export ban for non-producers
Russian oil companies have held talks with the government on whether firms that do not produce diesel should be banned from exporting it because of concern the refiners may be losing subsidies.
Turkey, Brazil are main buyers of Russian seaborne diesel after EU embargo
Turkey and Brazil have been the main importers of Russian seaborne diesel and gasoil since the European Union banned the import of Russian oil products.
Iraq's Kerbala refinery non-operational due to maintenance
Iraq's Kerbala refinery is under extensive maintenance and has been non-operational since Sept. 25, knocking out 150,000 bpd of processing capacity.
Czechs seek partners to challenge EU's CO2 goals for car sector
The Czech Republic will seek European Union partners to help it contend with tougher EU carbon dioxide (CO2) emissions rules next year.
- 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
