Diesel
Brazil's Petrobras to raise diesel, gasoline prices
Brazilian state-run oil company Petrobras said it will raise gasoline and diesel prices at its refineries after what it called an "abrupt" increase in global oil prices.
Production of renewable diesel restarted at Neste’s Singapore refinery after operational shutdown
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August according to the company’s plans.
Indian refiner MRPL to phase out exports as it adds retail outlets
India's Mangalore Refinery and Petrochemicals Ltd plans to phase out fuel exports in the next two to three years as it expands its local retail network to diversify its sources of revenue, its managing director said.
U.S. diesel prices surge anticipating a soft landing
Prices for diesel and other distillate fuel oils have surged as expectations for a soft landing and an improving economic outlook in the United States threaten to deplete already low inventories even further.
New Canadian clean electricity rules would allow some use of fossil fuels
Canada announced long-awaited draft clean electricity regulations that are designed to create a net-zero emissions power grid by 2035, and said some continued use of fossil fuels would be allowed.
Most Russian fuel exports now pricing above G7-imposed price cap
Most Russian fuel exports from the Baltic and Black Sea regions are now pricing above a price cap set in February by a G7-led coalition designed to limit Moscow's revenues in the aftermath of its invasion of Ukraine.
Indonesia's H1 biodiesel consumption at 5.41 MM KL
Indonesia’s consumption of palm oil-based biodiesel for the first six months of this year was 5.41 million kiloliters, data from palm oil fund agency BPDPKS showed.
Indonesia's Pertamina to build new fuel terminal following deadly fire
Indonesia's state energy company PT Pertamina said it will develop a fuel storage facility in north Jakarta, following a deadly fire that broke out at a terminal earlier this year and spread into a densely populated residential area.
India's fuel demand slips to 10-month low in July
India’s fuel consumption slipped to a 10-month low in July, government data showed, as monsoon rains restricted mobility in the world's third-biggest oil importer and consumer.
U.S. manufacturing slowdown fails to rebuild diesel stocks
U.S. manufacturers reported another decline in activity in July 2023, but industrial electricity and especially diesel consumption have declined less than expected in recent months, explaining why prices remain relatively firm.
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- 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
