Diesel
Neste's Finnish crude oil refinery will gradually become a hub for renewable and circular solutions
Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.
Bain-backed biofuels refiner ties up with China firm to source feedstock
Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand.
Slovakia wins EU OK on Russian oil-based products sales to Czech Republic
The European Union has granted Slovakia a one-year extension on exporting fuels produced from Russian oil to the Czech Republic.
Russia does not yet see grounds for lifting ban on winter diesel export
Russian Energy Minister Nikolai Shulginov said that the government does not yet see grounds for lifting the ban on the export of winter diesel.
Shell to sell Schwedt refinery stake to UK's Prax Group
Shell said it had agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, which supplies most of Berlin's fuel, to Britain's Prax Group, attempting to draw a line under its co-ownership of an asset majority-owned by Russia's Rosneft.
Singapore fuel oil inventories rebound to near three-month highs
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a sharp decline last week.
Neste partners with Coleman Oil Company to make renewable diesel more widely available in Washington State (U.S.)
Neste has partnered with Coleman Oil Company to enable cities and businesses to have easier access to Neste MY Renewable Diesel in the state of Washington in the U.S.
Indonesia allots 13.41 MM kiloliters of biodiesel for mandatory blending in 2024
Indonesia has allotted 13.41 million kiloliters of biodiesel for mandatory blending in 2024, slightly more than this year's allocation.
Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
Russia's seaborne diesel exports rose in November with the ban lifted and increased production
Seaborne diesel and gasoil exports from Russian ports rose 8.5% in November from a month earlier to about 2.8 Mmt after an export ban was lifted and production grew.
- The Shipping Corporation of India and Mazagon Dock Shipbuilders sign contract for methanol dual fuel platform supply vessel 3/20
- Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen 3/20
- Honeywell’s commercial launch of AI-powered control room assistant follows successful pilot 3/20
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- Tanker carrying fuel originally bound for Cuba diverts to Trinidad 3/20
- Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices 3/20
