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Diesel

Indonesia proposes increase in biodiesel mix to 50% in 2028

Indonesia's government is proposing to increase the mandatory blend of palm oil-based fuel in biodiesel to 50% in 2028, up from the present amount of 35%.

Shell Catalysts & Technologies, Licella to develop global low-carbon biomass-to-biofuel commercial solutions

Shell Catalysts & Technologies and Licella have formed a new upgrading technology collaboration to develop a low-carbon, integrated solution for converting biomass into advanced biofuels. This initiative aims to unlock a new value chain for the production of low-carbon fuels, addressing growing global demand for sustainable energy solutions, including sustainable aviation fuel.

Neste and Liiga team up to reduce emissions from hockey game travel

Neste and Finland's national ice hockey league, Liiga, have started a collaboration in which the majority of Liiga teams* will use Neste MY Renewable Diesel™ for their bus transportation during the 2024–2025 season in Finland.

CB&I awarded contract by Viva Energy for terminal diesel tank replacement project in Melbourne

CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a sizeable ($10 MM–$50 MM) lump sum contract by Viva Energy for engineering, procurement and construction (EPC) of two 10ML diesel tanks and associated civil, structural, mechanical and piping works for its diesel tank replacement project, located in Newport, Melbourne, Australia.

Russia's Tuapse oil refinery to resume operations in November

Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November.

U.S. gasoline stockpiles hit 2-yr low on stronger demand

U.S. gasoline stockpiles fell unexpectedly last week to a 2-yr low on strengthened demand, the U.S. Energy Information Administration (EIA) said on Wednesday, while crude inventories also posted a surprise drawdown as imports slipped.

Mexico's Pemex posts wider third-quarter loss, hit by weaker peso

Mexican state-owned oil company Pemex reported a deeper $8.2-B 3Q net loss on Tuesday, hurt mostly by a weaker exchange rate even as it benefited from support from the country's new government.

Canada's renewable diesel projects hit by U.S. import surge

Canadian renewable fuel producers are facing lower returns on new facilities due to a slump in British Columbia's low carbon fuel standard (LCFS) credit market, a trend expected to persist amid a flood of exports from the United States.

Enterprise opens new facility in Utah to expand strategic fuel storage

Enterprise Products Partners said the second phase of its Texas Western Products System, which houses 400,000 bpd of gasoline and diesel, was now complete with truck loading operations beginning at company's fuel terminal located in Utah.

Angola's Cabinda oil refinery to start up by April

Angola's Cabinda oil refinery is set to begin production by April, as it completes its first phase just ahead of schedule but over budget.