Economics
Chile signs oil import deal with Argentina's YPF
Chilean state oil company National Petroleum Company said it has signed a temporary agreement with Argentine oil firm YPF to import crude through the Trasandino pipeline, a key step for both countries' trade.
Ferrari CEO says e-fuel cars do not compromise carbon goals
Ferrari's plans to continue building internal combustion engine cars powered by so called e-fuels does not conflict with its target to become carbon neutral by 2030, its chief executive said.
More Iranian fuel being smuggled to Pakistan, petroleum dealers say
Petroleum dealers have flagged a surge in the smuggling of Iranian fuel to Pakistan, saying that up to 35% of diesel sold in the South Asian country has arrived illegally from Iran.
Pertamina defers some May gasoline cargoes to June
Indonesian state energy company PT Pertamina has deferred some of its gasoline deliveries for May to June after the high-demand season of Ramadan ended.
State report shows biodiesel blends gain ground in Iowa’s on-road diesel
The availability of biodiesel blends at the pump continues to expand in Iowa, making up 70 percent of reported on-road diesel sales in the state in 2022.
India govt panel proposes ban on diesel 4-wheeler vehicles by 2027
India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fueled vehicles in cities with more than a million people and polluted towns in order to cut emissions, an oil ministry panel is recommending.
India's April diesel sales soar, overall fuel consumption eases
India's fuel consumption eased in April from record highs seen the previous month, official data showed, but sales of diesel scaled a new peak indicating robust industrial activity in the world's third biggest oil consumer.
Agency warns Sweden may miss CO2 targets with biofuel cut
Sweden will struggle to hit its 2030 emissions targets, a government agency warned, after the country's minority coalition cut the biofuel that must be added to diesel and gasoline.
No harmful chemical levels in air after Shell Texas chemical plant fire, company says
Air monitoring around an extinguished fire at the Shell Plc's chemical plant in Deer Park, Texas, showed no harmful levels of chemicals in the air, the company said, added that there was no threat to the surrounding community.
Vietnam's Binh Son refinery to borrow $754 MM for expansion plan
Vietnam's Binh Son Refining and Petrochemical will take $754 MM worth of loans for a project to expand its sole oil refinery and boost its annual crude oil processing capacity by more than 1 million tons, the company said.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
