Diesel
Corteva, Bunge, Chevron partner to produce renewable fuels
Chevron is collaborating with agribusiness firms Corteva and Bunge to produce renewable fuels from canola crops.
Targray opens new diodiesel terminals in Oregon
Targray, a leading international supplier of renewable fuels and feedstock, has announced the opening of two new biodiesel fuel terminals in Oregon.
Eni to supply biofuels to Italian logistics group
Eni has signed a two-year contract with Italy's Spinelli to power the company's trucks with diesel fuel produced from 100% renewable raw materials.
Citgo Petroleum posts record $2.8 B profit for 2022
Refiner Citgo Petroleum Corp reported record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' listed capacity.
Indian fuel demand in February was the highest in 24 yr
India's fuel demand hit its highest level in at least 24 years in February, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil.
Russia exporting diesel to Saudi via STS loadings
Russia is ramping up its diesel supplies to Saudi Arabia using ship-to-ship (STS) loadings in addition to direct supplies.
New Petrobras CEO discussed the future of Brazilian oil/gas and fuels industry with other sector partners
Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek, in Houston, Texas (USA), to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.
ABB wins automation contract for Cerilon’s first GTL plant
ABB will supply front-end design services, including automation and digital solutions for $2.8 billion gas-to-liquids facility.
Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated
Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said.
bp CEO: Fuel efficiency has a bigger impact on demand vs. EVs
Fuel efficiency in new light vehicles is having a bigger impact on fuel demand than rising sales of electric vehicles, bp Chief Executive Bernard Looney said at CERAweek.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
