Diesel
India expects fuel demand to grow 2.7% in the next fiscal year
India's fuel consumption is expected to rise 2.7% in the next fiscal year beginning on April 1, initial government estimates showed.
Acelen Renewables selects Honeywell for SAF and renewable diesel fuel production
Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 bpd of SAF and renewable diesel.
Russia's Novatek resumes fuel loadings at damaged Ust-Luga terminal
Russian energy company Novatek resumed fuel loadings at its Baltic Sea Ust-Luga terminal, damaged in a suspected drone attack.
Two-day strike to hit output, delivery from Neste oil refinery
A planned two-day strike action by Finnish industrial workers early next month will hit output and supply from Neste's oil refinery in Finland.
Topsoe selected as technology provider for Preem’s renewable fuels plant in Sweden
Topsoe signed a licensing and engineering agreement with Preem, Sweden’s largest fuel company, to produce SAF and renewable diesel, using Topsoe’s HydroFlex technology.
Thailand orders traders to suspend diesel exports
Thailand has ordered traders to suspend diesel exports while Thai Oil Plc repairs its No. 3 crude distillation unit in Chonburi province.
Indonesia 2024 unblended palm oil biodiesel consumption seen at 12.5 MMt
Indonesia is targeting 12.5 MMt consumption of unblended biodiesel made from palm oil this year.
Nigeria's Dangote refinery starts production after years of delays
Nigeria's Dangote oil refinery has begun producing diesel and aviation fuel after years of construction delays at the 650,000 bpd plant.
Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023
Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.
European diesel refining margins rise after Yemen air strikes
Benchmark northwest European diesel refining margins rose to above $30 a barrel as intensifying conflict in the Red Sea increased concerns about potential supply disruptions.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
