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Diesel

U.S. oil refiners brace for a tough year as investor sentiment turns negative

Some investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude.

WTO panel largely backs EU in palm oil case against Indonesia

A World Trade Organization (WTO) panel found largely in favor of the European Union (EU) on Friday in a case brought by Indonesia against the bloc's restrictions on palm oil-based biofuel.

Kinder Morgan fuel pipelines return to service after Californian power outages

Kinder Morgan Inc. said two of its fuel pipelines, SFPP West and CALNEV, had returned to service on Friday, having been shut down since Jan. 8 due to power outages in Southern California.

Neste MY Renewable Diesel introduced to the Italian market in collaboration with fuel distributor Firmin

Neste is partnering with the Italian fuel distributor Firmin to make Neste MY Renewable Diesel available for the first time in Italy to contribute to the reduction of greenhouse gas emission in the transport sector.

Axens tapped for 3 new Vegan® licenses for SAF and renewable diesel production

Galp, LOKEN and SAFCO Venture Holdings Limited have selected Axens’ Vegan® technology for their hydrogenated vegetable oil and sustainable aviation fuel production facilities located in Portugal, Malaysia and Pakistan.

Neste, KPI OceanConnect and Global Energy collaborate for first delivery of Neste MY Renewable Diesel to Singapore marine sector

Neste and KPI OceanConnect, a global provider of marine energy solutions, have collaborated on the supply of Neste MY Renewable Diesel™ to the marine sector in Singapore in partnership with Global Energy for operational delivery in Singapore waters.

Asia's crude oil imports drop in 2024 as weak China weighs

Asia's crude oil imports dropped in 2024, the first annual decline in three years, led by weak demand from heavyweight China and other major buyers, with only India managing sparse growth.

Singapore's Dec. jet fuel imports hit multi-year high on India, S. Korea supply

Singapore's jet fuel imports probably hit multi-year highs in December, with India the top supplier as the arbitrage to Europe stayed shut.

Palm oil ends with more than 5% weekly losses

Malaysian palm oil futures closed up on Friday, although they posted a 5.41% weekly decline, snapping gains from the previous week.

Fire extinguished at Valero's Three Rivers refinery on New Year's Day

A large fire was extinguished at Valero's 89,000-bpd Three Rivers refinery in Texas on Wednesday evening, local media reported.

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