Diesel
Portugal's Galp to invest $426 MM in biofuels with Japan's Mitsui
Portuguese oil company Galp said it had teamed up with Japan's Mitsui to invest $426 MM in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery.
Russia lifts export ban on low-quality diesel, marine fuel
The Russian government has approved some changes to its fuel export ban, lifting the restrictions for fuel used as bunkering for some vessels as well as diesel with high content of sulfur.
Oil prices steady as Russia eases fuel export ban
Oil prices held steady after Russia relaxed its fuel ban, taking the edge off earlier gains on a tighter supply outlook and wariness over interest rates that could curb demand.
Oil prices rise as Russia fuel export ban stokes supply concerns
Oil prices rose as renewed global supply concerns from Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand.
China climate envoy says phasing out fossil fuels 'unrealistic'
The complete phasing-out of fossil fuels is not realistic, China's top climate official said, adding that these climate-warming fuels must continue to play a vital role in maintaining global energy security.
Russia's gasoline prices on exchange down almost 10% after export ban
Russian wholesale gasoline Ai-92 grade prices fell by 9.7% to $582 per metric ton, according to exchange data, following a government ban on fuel exports.
Russia cuts September seaborne diesel exports to meet domestic shortage
Russia cut its seaborne diesel and gasoil exports by nearly 30% to about 1.7 million metric tons in the first 20 days of September from the same time in August, as local refineries went into seasonal maintenance and the domestic market faces a fuel shortage and rising prices.
Russia imposes temporary restrictions on fuel exports
Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilize the domestic market.
Dutch firms get up to $49 B annually in fossil fuel subsidies
Industrial companies in the Netherlands get $42-49 B in tax breaks and subsidies annually for using fossil fuels, the Dutch government said in a report aimed at spurring international debate on such subsidies.
Britain delays ban on new petrol and diesel cars to 2035
Britain will push back a ban on new petrol and diesel cars and vans to 2035 from 2030, Prime Minister Rishi Sunak said, adding that the cars would still be available to buy on the secondhand market thereafter
- Jet fuel demand growth lags as air traffic exceeds pre-pandemic level 4/19
- Jet2.com to use SAF at London Stansted Airport 4/19
- Neste and New Jersey Natural Gas target reducing greenhouse gas emissions with Neste MY Renewable Diesel 4/19
- Cepsa and Evos join up for green methanol storage in Spain and the Netherlands 4/19
- Russia's Bashneft oil company installs anti-drone nets to protect refineries 4/19
- Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion 4/19
