Diesel
Russia's seaborne diesel exports drop 21% in May
Russia's seaborne diesel and gasoil exports were 21% lower in May from a month earlier at about 3.1 million tons as seasonal refinery maintenance cut supply and domestic demand rose.
Mexico's gasoline independence dream sinks in dirty fuel oil glut
Mexico's president took office in late 2018 pledging to boost local output of gasoline while phasing out imports, but so far state refineries have instead set a different course: bumper production of highly contaminating fuel oil.
Biodiesel import flood could drown European market
A flood of potentially "dubious" biodiesel imports into Europe from China needs to be subject to closer EU vetting or it could trigger the collapse of the European Union's biofuels industry, top producer body EWABA said.
Nigeria's NNPC says it will end monopoly on petrol supplies
Nigeria's state owned oil company NNPC will soon end its monopoly on petrol supplies, its chief executive told local television, a day after it nearly tripled prices at its fuel stations countrywide.
Nigerians rush to buy fuel to beat impending price hikes
Long fuel queues returned to Nigeria's cities as motorists rushed to fill their tanks while some retailers hiked prices amid uncertainty on the timing of the removal of a fuel subsidy that new President Bola Tinubu said would be scrapped.
Nigeria to triple petrol prices after president says subsidy to end
Nigeria's state oil firm NNPC Ltd is proposing hiking petrol prices to as high as 557 naira ($1.21) per liter from 189 naira, according to a circular it sent to fuel stations.
Saudi diesel imports from Russia, exports to Singapore hit records
Leading crude exporter Saudi Arabia is maximizing refining profits by importing unprecedented amounts of cheap Russian diesel and in turn shipping record volumes to Singapore, where the fuel can achieve higher margins, shiptracking data shows.
China's fuel oil imports soar as inspections curb bitumen blend intake
China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspections at refining hub Shandong have cut off supplies of lower-priced feedstock bitumen blend.
ITOCHU to become an official distributor of Neste MY Renewable Diesel in Japan
Neste and ITOCHU have agreed to extend their collaboration with a licensing agreement allowing ITOCHU to become an official distributor of Neste MY Renewable Diesel in Japan.
- Shipping major and GCMD to pilot FAME-VLSFO marine biofuel bunker fuel in Singapore 5/9
- Diesel profit margins decline amid lower demand, more capacity 5/9
- World Energy and Boston Consulting Group sign agreement on SAF certificates 5/9
- Analysis: Chandra Asri purchase of Shell Singapore refinery brings scale, risk 5/9
- New $1.5-B natural gas pipeline to provide feedstock to Dow's petrochemicals plant and other industrial facilities 5/8
- Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC 5/8