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Diesel

Indian refiner-Reliance-to buy Russian oil in roubles

India's Reliance Industries Ltd., operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbls of oil/month in roubles.

bp, Shell agree to sell their shares in South Africa's SAPREF refinery

bp Southern Africa and Shell Downstream South Africa have reached an agreement for the sale of their respective 50% ownership assets located at the SAPREF Refinery Precinct to the South African state-owned entity, Central Energy Fund SOC Ltd.  

U.S. biodiesel imports have doubled since 2022

Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.

Murphy completes UK refining exit with petrol stations sale

Murphy Petroleum has signed an agreement to sell its UK petrol stations to Motor Fuel Group, completing its exit from Britain's oil retail market.

Brazil's Raizen launches second-generation ethanol plant, mulls new contracts

Brazil's Raizen inaugurated its second cellulosic ethanol plant as part of a plan in which four more production units will be opened by the 2025/26 harvest.

Hungary government to discuss fuel prices again despite recent falls

Hungarian Prime Minister Viktor Orban's cabinet will discuss fuel prices again despite a recent fall in prices driven by government pressure on traders to align prices with levels elsewhere in the region.

Colonial pipeline (U.S.) halts some fuel deliveries for maintenance

The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.

India's use of crude tankers to export diesel slows in May

Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month.

Belgium tightens fuel export specifications

The Belgian government plans to publish a royal decree that tightens the minimum specifications of motor fuel exports quality.

Vietnam's Binh Son refinery plans new share issue to fund $1.5-B expansion

Vietnam's Binh Son Refining and Petrochemical said it plans to issue new shares as part of its efforts to fund a $1.5-B project to expand and upgrade its Dung Quat refinery.