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Diesel

EU countries to meet to discuss proposed vehicle emissions law

The Czech Republic has invited transport ministers from 11 European Union counties to meet to discuss emissions-cutting policies amid a dispute over the bloc's landmark policy to shift to electric vehicles.

Russia exports record diesel volumes to Brazil in February

Russian ultra-low-sulphur diesel (ULSD) diesel shipments to Brazil hit a record high in February, while Moscow is exploring new markets following the European Union ban.

EU delays ICE ban phaseout after German pushback

European Union countries have delayed a planned vote next week on the bloc's landmark law to end sales of new CO2-emitting cars in 2035 after Germany questioned its support for the rules.

Lukoil has begun ship-to-ship loadings of ULSD

Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulfur diesel (ULSD) off its western exclave of Kaliningrad.

Chinese diesel/gasoline exports continue to rise

China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilized their expanded yearly export quotas.

Tunisia imported record number of Russian diesel/gasoil in February

Tunisia imported record volumes of Russian gasoil and diesel last month as an EU embargo forced Moscow to find new customers for its oil products.

Germany has mixed feelings about EU ICE ban

German Transport Minister Volker Wissing called into question a bid by the European Union to ban new cars with internal combustion engines from 2035, saying the use of synthetic fuels should remain possible after the deadline.

Petrobras will reduce fuel prices to offset increases in fuels taxes

Brazil's state-run oil giant Petrobras said it will reduce gasoline and diesel prices at its refineries from Wednesday, a move that will likely offset the resumption of federal taxes levied on fuels.

Russia's oil/gas revenues fall 40% in January

Russia's revenues from oil and gas exports dropped by nearly 40% in January as price caps and Western sanctions squeezed the proceeds from Moscow's most lucrative export, the International Energy Agency said on Tuesday.

Colorado refinery outage causing increased fuels pricing

The only petroleum refinery in Colorado shut down in late December after sustaining damage from extremely cold weather, which may tighten gasoline and diesel fuel supplies in the region.