Diesel
California (U.S.) governor drives out refiners then pleads for reliable fuel supplies
California (U.S.) Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state policies for difficult business conditions and high pump prices.
Mexico exports first ULSD cargo from Olmeca refinery amid infrastructure woes
Mexico exported the first cargo of ultra-low sulfur diesel (ULSD) reprocessed in its new Olmeca refinery in early April, as infrastructure to transport the much-needed motor fuel across the country is not ready.
Iran authorities seize two vessels carrying 'smuggled fuel' in Gulf
Iranian Revolutionary Guards seized two Tanzanian-flagged vessels allegedly carrying 1.5 MM liters of "smuggled fuel" in the Gulf
South Korea to implement smaller fuel tax cuts from May
Tax breaks will be extended until the end of June, with the rate adjusted to 10% for gasoline, from the current 15%, and that for diesel and liquefied petroleum gas butane to 15% from 23%.
EIA: Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024
In 2024, U.S. exports of total petroleum products increased to a record 6.6 MMbpd annual average, according to the U.S. Energy Information Administration (EIA). Annual U.S. petroleum product exports increased by 495,000 bpd as U.S. exports of distillate fuel oil—typically sold as diesel—and jet fuel increased compared with 2023, while exports of total motor gasoline decreased.
Russia ramps up oil products supplies to Indonesia
Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine.
Russia's diesel output to rise in May despite seasonal maintenance
Russia's ability to produce diesel is expected to rise in May despite usual seasonal maintenance at oil refineries, as more diesel-producing units are expected to go back online after repairs.
U.S. fuel exports to Mexico by land halted by higher scrutiny
The Mexican government has halted U.S. fuel imports sent into the country by road, as it cracks down on illegal deals.
Tata Steel and MCB save 186 tpy of CO2 with steel transport on biodiesel
MCB in Valkenswaard, the Netherlands, and Tata Steel Nederland have signed an agreement to replace the transport of steel products to Valkenswaard by diesel-powered truck with biodiesel.
Nigeria plans petroleum products stockpile to counter global supply shocks
Nigeria plans to establish a national strategic petroleum products stockpile this year to safeguard its economy against disruptions in the international market.
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- Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business 5/15
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- SP Chemicals plans to raise ethane use at eastern China petchem plant 5/15
