Diesel
China exports record diesel volumes in March
BEIJING (Reuters) -- China exported record volumes of diesel in March and boosted sales of gasoline and kerosene as refiners continued to turn to foreign markets to offload their excess product, while liquefied natural gas imports also jumped, customs data showed on Sunday.
Distribution of Neste diesel expands to Estonia
Neste will start distributing the Neste Pro Diesel in the company's Estonian station network. Distribution starts with four stations and will be expanded during May to cover 20 Neste stations in Estonia.
IRPC '17: Senior engineer sees "dynamic market" for European diesel imports
NEW DELHI, INDIA—During an IRPC 2017 morning session on market analysis, Shailendra Mohite, Senior Engineer—Stakeholder Management at Kuwait Petroleum International, discussed the emerging structural and opportunistic diesel flows of the European market.
IRPC '17: Refiners consider MARPOL impacts, electric vehicle trend
NEW DELHI, INDIA—Sanjay Shah, Group Manager for Jacobs Consultancy Ltd., presented a second keynote address on Day 2 of IRPC 2017. He spoke about evolving trends in the refining market with respect to shifts in fuel preferences, and the impacts of MARPOL legislation.
Loblaw to sell gas station business for $402 MM
(Reuters) -- Canadian grocery and pharmacy retailer Loblaw Cos Ltd said on Wednesday it would sell its gas station business to asset manager Brookfield Business Partners LP for about $402.17 MM.
Parkland Fuel to buy Chevron Canada's downstream fuel business
(Reuters) -- Chevron Corp, the second-largest US-based oil company, sold its Canadian gasoline stations and refinery in British Columbia to Parkland Fuel Corp, a marketer of petroleum products, for $1.09 B.
Utah establishes gasoline and diesel refinery exemption
DALLAS -- Utah Governor Gary Herbert signed Senate Bill 197—effective Jan. 1, 2018—establishing an exemption for the purchase or lease of machinery, equipment, normal operating repair or replacement parts, catalysts, chemicals, reagents, solutions or supplies used or consumed by a refiner who owns, leases, operates, controls or supervises a refinery used to produce gasoline or diesel fuel.
Oiltanking acquires terminal in Texas City
HOUSTON — Oiltanking North America, LLC announced the acquisition of the Oiltanking Galveston County (OTGAL) terminal.
Indian state refiners to revise fuel price in 5 cities daily from May 1
NEW DELHI (Reuters) -- India's state-owned fuel retailers plan to implement daily revision of fuel price in five cities from May 1 ahead of a nationwide roll out of the scheme, industry sources said.
Sinopec exports first diesel cargo under general trade terms in 13 yr
BEIJING (Reuters) -- Top Asian refiner Sinopec Crop exported its first refined fuel cargo under so-called general trade terms in 13 yr, the company said on Friday, as China's state-owned refiners adapt to tighter government export quotas.
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
- Indian state refiners may buy Middle East spot oil to replace Russian shortfall 12/26
- Stellantis unit to pay $4.2 MM to resolve California (U.S.) emissions probe 12/26
- Japan's Taiyo Oil to shut two CDUs at Shikoku refinery for maintenance 12/26
