Diesel
CountryMark refinery (U.S.) to use Topsoe technology for renewable diesel production
Topsoe has been selected as the renewable diesel technology partner for CountryMark’s Mount Vernon, Indiana (U.S.) refinery.
Russia's Ryazan oil refinery halves refining capacity after drone attacks
According to sources, two primary oil refining units were stopped following the drone attacks - CDU-3 with a capacity of 8,600 tonnes (t) per day, and CDU-4 with a capacity of 11,400 tpd.
Top U.S. refiner Marathon Petroleum beats quarterly profit on higher refining margins
U.S. refiners are posting upbeat quarterly profits, recovering from the losses in the previous quarter on stronger diesel margins.
India's Nayara exports first gasoline since sanctions
Russia-backed Indian refiner Nayara Energy has exported its first gasoline cargo since the privately-owned company was sanctioned by the European Union on July 18.
HF Sinclair (U.S.) beats profit estimates as refining margins soar
Top U.S. refiners are posting improved results in 2Q, rebounding from 1Q losses as stronger-than-expected diesel margins lift earnings.
U.S. crude stocks and distillate inventories rise, gasoline inventories fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.
China ramps up exports of refined fuels as margins rise
China's exports of key refined fuels are on track to jump to the highest in 16 months as refiners take advantage of rising profit margins.
EU Russia sanctions add fuel to red-hot global diesel market
New European Union sanctions targeting Russia's oil industry will reshuffle global diesel flows for the second time since 2022, adding pressure to an already red-hot market.
CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions
The reshuffle at the top is the latest disruption for the company since the EU announced a new round of sanctions last Friday directed at Russia over its war in Ukraine.
Valero Energy beats Q2 profit estimates as refining margins improve
Refiner Valero Energy beat Wall Street estimates for second-quarter profit as a rebound in refining margins helped cushion the loss in its renewable diesel unit.
- BLYB successfully uses refinery ethane as a stable feedstock in the complex's ethylene cracking unit 11/3
- Neste celebrates 15 yrs of refining in Singapore and 60 yrs in Porvoo 11/3
- Low-sulfur bunker fuel sales have decreased since 2020 11/3
- Totalenergies to invest $300 MM in the next three years on data platforms 11/3
- Sinopec in talks to buy China's leading jet fuel distributor 11/3
- S-Oil says Q4 refining margins to be robust as refinery outages limit supply 11/3
