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Refining

Neste Oil produces renewable diesel in Singapore from waste fish fat

Neste Oil has expanded the range of renewable raw materials it uses by producing NExBTL renewable diesel at its Singapore refinery from waste fat sourced by the fish processing industry. Waste fish fat is also accepted as a raw material for renewable fuel in the US, according to the company.

US oil demand rising in gasoline, down for jet fuel

US gasoline deliveries were up 0.9% in April to 8.8 million bpd, monthly API trade data showed, continuing a positive domestic trend for the segment. However, April jet fuel and residual fuel deliveries declined, leading to a 0.3% drop in overall petroleum demand for the month.

Imperial Oil exploring sale of Nova Scotia refinery, may convert to terminal

Imperial Oil will explore selling its 88,000 bpd Dartmouth refinery in Nova Scotia, citing rising global competition and lower demand for refined products. The company, which ExxonMobil holds a majority stake in, said it will also consider conversion to a terminal, as well as other alternatives.

Enbridge to expand Canada, US oil pipeline system

Enbridge said Wednesday it's moving ahead with C$3.2 billion ($3.2 billion) in pipeline expansions, mostly to send more crude oil from Canada and North Dakota to the Midwest and eastern Canada. The expansions will accommodate rising crude oil production in Canada and the western US.

SABIC chief seeks more collaboration for US, Saudi business leaders

Mohamed Al-Mady, CEO of SABIC, is calling for “more productive engagement” between US companies and the Saudi private sector to further enhance business relations.

E15 ethanol fuel can damage auto engines - study

Compared with typical gasoline, issues include damaged valves and valve seats, misfires, lower performance, engine damage, poor fuel economy and increased emissions.

Shell reports fire, unplanned unit outage at Motiva refinery in Port Arthur

Shell Oil said a unit was shut unplanned over the weekend at its joint venture Motiva refinery in Port Arthur, Texas, after a relatively brief fire at an associated heater. The Motiva refinery is a joint venture with Saudi Refining. The total throughput capacity is rated at 310,000 bpd.

UK fuel tanker drivers avert strike after close vote

A threatened strike by fuel-tanker drivers has been avoided after members of the drivers' union voted to accept a deal offering common safety standards and training, as well as an accreditation scheme for drivers. The deal was reached after eight days of talks at the UK arbitration group Acas.

IEA predicts sharp rise in global refining production

Refiners are poised to ramp up production after seasonal spring maintenance and expected stronger demand for oil products through the summer, the IEA says. Fuel demand traditionally picks up in the northern hemisphere summer but especially in the US, the world's largest oil consumer.

Qatar looks to buy stakes in oil giants Shell, Eni

Qatar's sovereign wealth fund, continuing its recent splurge on overseas assets, is eyeing stakes in Anglo-Dutch energy group Royal Dutch Shell and Italy's Eni. Qatar is in "very advanced talks" to buy 3-5% of Shell, a major investor in Qatar, and a 3% stake in Italian oil giant Eni.