Diesel
Fuel sales in Brazil fall for 2nd consecutive year in 2016
RIO DE JANEIRO (Reuters) -- Fuel sales in Brazil fell for the second consecutive year in 2016, the country's fuel distributors' association Sindicom said in a note on Monday.
Neste begins deliveries of low-sulfur marine fuel to Polferries
Neste and Polferries, a Polish company with a fleet of ferries operating on the Baltic Sea, have agreed on the delivery of low-sulfur marine fuel for the Nynäshamn-Gdansk route in 2017.
Colonial Pipeline shuts stubline to Nashville on suspected leak
NEW YORK (Reuters) -- Colonial Pipeline Co's gasoline line between Atlanta and Nashville, called Line 19, remained shut on Monday after it was closed on Sunday after a possible spill, a company spokeswoman said on Monday.
Indonesia lowers sulfur content of subsidized diesel
SINGAPORE/JAKARTA (Reuters) -- Indonesia has lowered the sulfur content of its subsidized diesel in line with a global shift to move towards using cleaner fuel to curb pollution.
S. Korea's S-Oil to sell $1B diesel, naphtha, jet fuel to Saudi Aramco
SEOUL, Jan 5 (Reuters) - South Korea's S-Oil, the country's third-largest refiner, has signed a deal to sell a combined $1 billion of diesel, naphtha and jet fuel this year to Saudi Aramco, its biggest shareholder.
Brazil's Petrobras raises diesel prices by an average 6.1%
SAO PAULO (Reuters) -- Brazilian state-controlled oil company Petróleo Brasileiro SA increased diesel prices at refineries by 6.1% on average with immediate effect, citing higher oil prices and a stronger real currency.
Myanmar's fuel demand surging, expected to grow 6% per year in next decade
SINGAPORE (Reuters) -- Myanmar's oil imports are surging to fuel a fast-growing economy and rebuild rotting infrastructure, creating a small but profitable route for ships making a beeline for the emerging southeast Asian nation from the regional hub of Singapore.
LanzaTech awarded $4 MM from DOE for low carbon facility
CHICAGO, IL -- Carbon recycling company, LanzaTech has been selected by the Department of Energy’s Bioenergy Technologies Office (BETO) to receive a $4 million award to design and plan a demonstration-scale facility using industrial off gases to produce 3 MMgpy of low carbon jet and diesel fuels.
Industry Metrics
Healthy US domestic gasoline demand continued, despite supply pressure from refineries returning from maintenance and resumed Colonial Pipeline operations.
China's diesel demand likely to rise ahead of Lunar New Year
SINGAPORE (Reuters) -- China's diesel demand is likely to pick up pace ahead of the Lunar New Year as traders stock up barrels ahead of the festivities and as construction activity picks up in some areas, four trade sources said on Thursday.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
