Diesel
India increases windfall tax on petroleum crude, reduces tax on aviation turbine fuel and diesel
The Indian government increased windfall tax on petroleum crude, while reduced it on aviation turbine fuel and diesel, according to a government notification.
ADNOC top exec says oil and gas could remain relevant until 2050
Oil and gas will remain a relevant part of the energy mix until potentially 2050, Musabbeh Al Kaabi, Executive Director of Low Carbon Solutions and International Growth at Abu Dhabi National Oil Company said during an energy conference in Abu Dhabi.
Russia's September seaborne diesel exports fall on maintenance, export ban
Seaborne diesel and gasoil exports from Russian ports fell 27% in September from a month earlier to about 2.76 million tons due to a major overhaul of refineries and a fuel export ban.
EU's candidate climate chief takes aim at fossil fuel subsidies
Former Dutch foreign minister Wopke Hoekstra, who is nominated to be the EU's new head of climate change policy, plans to act to phase out fossil fuel subsidies if he takes up the role.
Russia considers fuel export quotas to tackle high prices
Russia may introduce quotas on overseas fuel exports if a complete export ban imposed last week does not succeed in bringing down persistently high gasoline and diesel prices.
Ultra low-sulfur diesel loadings from Russia's Primorsk to fall in October
Ultra low-sulfur diesel loadings from the Russian Baltic Sea port of Primorsk are set to fall in October by 80% month on month on a daily basis to 210,000 metric tons from 1.08 Mmt scheduled for September.
Kremlin: no plans to raise crude oil supply to offset fuel export ban
Russia has not discussed with the OPEC+ group of leading oil producers a possible crude oil supply increase to compensate for Russia's fuel exports ban.
Shipping industry lacks clarity on future clean fuels on path towards decarbonization
The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing vessels amid pressure to decarbonize faster.
How serious is Russia's fuel export ban and who will be hit?
Russia said it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.
Portugal's Galp to invest $426 MM in biofuels with Japan's Mitsui
Portuguese oil company Galp said it had teamed up with Japan's Mitsui to invest $426 MM in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery.
- 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
