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Diesel

Russia's seaborne diesel exports rise in July

Russia's seaborne diesel and gasoil exports in July rose by 5% from a month earlier to about 3.8 million metric tons as seasonal refineries maintenance slowed down.

ART launches catalyst system to produce renewable diesel, SAF from 100% renewable sources

Advanced Refining Technologies LLC, a joint venture of Chevron and specialty chemicals leader W. R. Grace & Co., launched ENDEAVORTM, a hydroprocessing catalyst solution to produce renewable diesel and sustainable aviation fuel from 100% renewable sources, such as vegetable oils, refined oils, animal fats, and greases.

U.S. proposes raising vehicle fuel economy standards to 58 miles per gallon by 2032

The Biden administration proposed to hike fuel economy standards by 2032 to a fleet-wide average of 58 miles per gallon as it seeks to cut greenhouse gas emissions and reduce fuel use.

AFPM statement and letter in support of House bills to stop government vehicle bans, attempts to electrify the RFS

American Fuel & Petrochemical Manufacturers President & CEO Chet Thompson this morning issued a statement along with a letter urging support for three bills being marked up today by the House Energy & Commerce Committee.

End of Nigerian fuel subsidy set to squeeze Europe's refiners

One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country's domestic demand and a regional market for smuggled fuel.

Venezuela cuts back diesel prices to factories after complaints

Venezuela's government reduced an increase it had imposed at the beginning of the month on diesel prices to factories, after complaints from producers about the potential impact of the measure.

Nigeria unions to strike unless fuel price hike is reversed

Nigerian labor unions plan to strike to demand a reversal in petrol price hikes and lower public school fees, the Nigerian Labour Congress said.

Repsol to invest more than $130 MM to retrofit plant to produce biofuels

Spanish oil company Repsol will invest more than $132.95 MM to retrofit a decades-old diesel plant to produce second-generation biofuels.

U.S. crude, fuel stockpiles fell last week

Crude inventories fell by 600,000 barrels in the last week to 456.8 million barrels, compared with analysts' expectations for a 2.3 million-barrel drop.

Neste welcomes a new distributor to sell Neste MY Renewable Diesel in the Danish market

Neste is partnering with Biofuel Express to sell Neste MY Renewable Diesel in Denmark. Biofuel Express will distribute and sell Neste MY Renewable Diesel, while Neste will ensure sufficient volumes of the fuel.