Diesel
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.
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.
- Alpek will cease operations at its PET facility in North Carolina (U.S.) 6/6
- ANDRITZ to acquire Diamond Power Intl. businesses 6/6
- ABB launches AMXE Marine Motor to enhance vessel efficiency 6/6
- Private refiners tap India's drivers as export markets tighten 6/6
- Irving Oil invests $100 MM in Saint John refinery upgrade 6/6
- IEA: Global energy investment set to hit record $3.3 T in 2025 6/6
