Diesel
China's March diesel, jet fuel exports surge; gasoline down 34%
China's diesel exports shipments surged to 1.44 million tons, up 113.8% in March, from 0.67 million tons a year ago, data from the General Administration of Customs showed.
Deutsche Bahn to purchase 13,000 tons of Neste MY Renewable Diesel
Deutsche Bahn is expanding its use of renewable diesel significantly this year by purchasing around 13,300 tons of renewable diesel produced by Neste.
Brazil's Acelen to invest $2.44 B in renewable diesel business
Mubadala Capital backed-Acelen will invest $2.44 B over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment.
Neste and Q8 collaborate to make Neste MY Renewable Diesel available in the Danish market
Thanks to a strategic cooperation between Q8 and Neste, the heavy transport sector operators can buy Neste MY Renewable Diesel, at nine Q8 stations in Denmark from 17 April 2023 onwards.
European diesel refining margins at lowest since Russia's invasion
Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine.
India's March fuel demand soars on robust economic activity
India's fuel consumption jumped to a record high in March fueled by robust economic activity in the world's third biggest oil consumer.
Russia boosts diesel exports to Latin America since EU embargo
Russia has increased its diesel exports to Brazil and other parts of Latin America following an embargo on shipments to Europe.
Western curbs on Russian oil products redraw global shipping map
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns.
Global diesel prices fall as economic slowdown intensifies
Global prices for middle distillates such as gas oil and diesel are falling as the economy slows, more refineries come onstream, and exports from Russia are re-routed and replaced by fuel from the Middle East.
Indonesia must jump ethanol feedstock hurdle to repeat biodiesel success
Indonesia, the world's biggest palm oil biodiesel user, is now working to introduce bioethanol mandates for gasoline to further cut fuel imports and carbon emissions, but it will first have to secure more bio feedstock and solve thorny technical problems.
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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
