Refining
Germany's Schwedt refinery losing out in race from Russian oil
Slashed output at Germany’s Schwedt oil refinery demonstrates the difficulty Berlin faces in turning away from Russian oil, despite plans to work with Poland to find alternative supply.
Lukoil has begun ship-to-ship loadings of ULSD
Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulfur diesel (ULSD) off its western exclave of Kaliningrad.
Chinese diesel/gasoline exports continue to rise
China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilized their expanded yearly export quotas.
Tunisia imported record number of Russian diesel/gasoil in February
Tunisia imported record volumes of Russian gasoil and diesel last month as an EU embargo forced Moscow to find new customers for its oil products.
Indonesia trying to create palm oil benchmark price
Indonesia, the world's biggest palm oil exporter, plans to require crude palm oil exports to go through a futures exchange to create the country's own benchmark price.
Oil price rises on Chinese demand rebound
Oil rose on signs of a strong economic rebound in top crude importer China, but fears over the impact of potential increases to European interest rates kept prices from moving higher.
Germany has mixed feelings about EU ICE ban
German Transport Minister Volker Wissing called into question a bid by the European Union to ban new cars with internal combustion engines from 2035, saying the use of synthetic fuels should remain possible after the deadline.
Russia's oil/gas revenues fall 40% in January
Russia's revenues from oil and gas exports dropped by nearly 40% in January as price caps and Western sanctions squeezed the proceeds from Moscow's most lucrative export, the International Energy Agency said on Tuesday.
U.S. EPA's proposal would allow a higher ethanol blend in Midwest states
The U.S. Environmental Protection Agency proposed a rule that would allow sales of gasoline with a higher ethanol blend in certain U.S. Midwest states.
Methanex-Mitsui complete first net-zero voyage fueled by bio-methanol
Methanex Corporation and Mitsui O.S.K. Lines, Ltd. announced the dual-fuel vessel “Cajun Sun” successfully completed the first-ever net-zero voyage fueled by bio-methanol.
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- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
