Diesel
Singapore's middle distillates stocks little changed despite dip in net exports
Singapore's middle distillates stockpiles were little changed week-on-week, even as net exports of both gasoil/diesel and jet fuel/kerosene dipped for the first time in three weeks and two weeks, respectively.
More ships carrying oil avoid Red Sea route
At least two ships transporting oil or oil products between the U.S. Gulf Coast and India last week were re-routing from the Red Sea, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.
Eni's Plenitude unit valued at 10 B euros in deal with EIP
Eni has agreed to sell a 9% stake in its low-carbon and retail unit Plenitude to Energy Infrastructure Partners (EIP) through a deal that values the unit at 10 B euros ($11 B) including debt.
Venezuela's PDVSA to settle debt to Curacao's refinery with fuel supply
Venezuela's state-run Petróleos de Venezuela, S.A. will supply fuel to Curacao's refinery to settle debts left by the oil company after ceasing operations at the Caribbean island's facility in 2019.
China's Nov diesel exports down 44.9% on last year despite weak domestic demand
China's diesel exports in November were down 44.9% on last year at 1.16 MMt, as domestic demand remains above pandemic levels but faces continued headwinds from the country's property slowdown.
Neste's Finnish crude oil refinery will gradually become a hub for renewable and circular solutions
Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.
Bain-backed biofuels refiner ties up with China firm to source feedstock
Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand.
Slovakia wins EU OK on Russian oil-based products sales to Czech Republic
The European Union has granted Slovakia a one-year extension on exporting fuels produced from Russian oil to the Czech Republic.
Russia does not yet see grounds for lifting ban on winter diesel export
Russian Energy Minister Nikolai Shulginov said that the government does not yet see grounds for lifting the ban on the export of winter diesel.
Shell to sell Schwedt refinery stake to UK's Prax Group
Shell said it had agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, which supplies most of Berlin's fuel, to Britain's Prax Group, attempting to draw a line under its co-ownership of an asset majority-owned by Russia's Rosneft.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
