Diesel
SOCAR awards NEXTCHEM two contracts to upgrade/expand Heydar Aliyev refinery in Azerbaijan
SOCAR has awarded NEXTCHEM two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil refinery industrial complex in Baku, Azerbaijan.
Zeopore prepares for global production of economical, premium hydrocracking meso-zeolites
Zeopore is initiating discussions with candidate partners to jointly commercialize its unique zeolite mesoporization route. Combining improved hydrocracking (HDC), Zeopore’s optimized HDC zeolites bring 3 wt%-7wt% more middle distillates, depending on feedstock and process conditions.
India monsoon rains dent state retailers' diesel sales
Indian state retailers' diesel sales fell in the first half of September from the previous month, as monsoon rains hit industrial activity and mobility.
China's refinery output falls for a fifth month as fuel demand disappoints
China's oil refinery output in August fell 6.2% from a year earlier, declining for the fifth month as disappointing fuel demand and weak export margins curbed production.
Singapore's largest data center to use Neste renewable diesel to power generators
Neste has helped ST Telemedia Global Data Centres (STT GDC) to become the first data center operator in Singapore to power its backup generators with renewable diesel.
Refiner Neste warns of weaker biofuel outlook, shares drop
Finnish refiner Neste on Wednesday cut the margin outlook for its biofuel business for the third time this year due to falling prices and also lowered its expected sales volumes, sending the company's share price down 10%.
Emissions-free truck prices need to drop by 50% to compete with diesel, study says
Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published on Wednesday said, a necessary step to help achieve European Union climate targets.
U.S. Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens
Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened.
Colombia's diesel price hike leads to trucker strike and unrest
Colombia's decision to reverse a diesel price hike that sparked a strike by truckers could adversely affect public finances, as majority state-owned energy company Ecopetrol said it would begin shutting off some operations amid the unrest.
Fire at Moscow refinery will not cause fuel shortages, minister says
A recent fire, caused by a drone strike, at a major Moscow refinery will not lead to fuel shortages in the region as production from other refineries would compensate for the temporary disruption.
- TA'ZIZ and Alpha Dhabi Holding agree to $10-B, 2.2-MMtpy of chemicals investments in the UAE 5/6
- Borouge to deliver first batch of cross-linkable polyethylene from new 100,000-tpy plant this quarter 5/6
- LyondellBasell completes sale of select European strategic assessment assets 5/6
- Australia commits $7 B to boost fuel stockpiles, create government reserve 5/6
- Israel to transfer jet fuel to Germany following Hormuz crisis 5/6
- Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG 5/6
