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Diesel

Asian refiners eye output cuts due to diesel surplus

Asian refiners are considering cuts to refined fuel output in the coming months, with some already trimming production in May, after excess diesel supplies squeezed profits.

Shell to exit South Africa's downstream businesses

Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions.

Sinopec's $4.5-B refinery in Sri Lanka to challenge India's fuel export market share

Sinopec aims to establish its first fully-controlled overseas refinery at Sri Lanka's Hambantota port. This move, driven by changing global strategy and slowing domestic demand, intensifies competition with India's efforts to expand its energy presence in the region.

PetroChina profit boosted by stronger gas sales and fuel demand

China's top energy producer PetroChina posted a 4.7% rise in first-quarter net income helped by growth in natural gas and a recovery in fuel demand.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry.

Crude and gasoline stocks fell, distillate stocks rose last week, EIA says

Crude inventories fell by 6.4-MM barrels to 453.6 MM barrels in the week ended April 19, the EIA said, compared with analysts' expectations in a poll for a 825,000-barrel rise.

Haiti fuel terminal operations halted as gangs seize trucks

Operations at Haiti's main fuel import terminal were suspended as armed men seized trucks and demanded the port be shut down, according to a source with information on the matter, likely exacerbating existing fuel shortages.

Renewable fuels project in Canada begins production

A Fluor Corporation project reached a major milestone recently with the production startup of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada.

Neste and New Jersey Natural Gas target reducing greenhouse gas emissions with Neste MY Renewable Diesel

Neste and New Jersey Natural Gas look to reduce greenhouse gas emissions with Neste MY Renewable Diesel.

Niger plans to build diesel refinery and increase supplies to Mali

Niger will create a diesel refinery to supply its Sahel allies and plans a more than six-fold increase in diesel shipments to Mali to tackle that country's energy crisis.