China diesel in rare rally as smog war, tax fears stir supply worries

BEIJING (Reuters) — A rally in China's diesel prices has pushed the fuel to a rare premium over gasoline as dealers scramble to scoop up supplies amid fears of shortages due to Beijing's war on smog and possible tax changes.

Neste forms partnerships with four distributors to provide renewable diesel to California

Neste has announced exclusive partnerships with four fuel distributors in California: IPC (USA), Inc.; Ramos Oil Company, Van De Pol Petroleum; and Western States Oil. Public and private fleets will now have access to a consistent and high-quality supply of Neste MY Renewable Diesel through these partners.

Mobil to restore Lyttelton terminal fuel storage capacity

Mobil Oil New Zealand Limited (Mobil) announced plans to improve fuel supply capacity for the South Island with the construction of two tanks at its fuel terminal in Lyttelton.

Singapore charges defunct marine fuel supplier, staff for cheating

SINGAPORE (Reuters) — A Singapore marine fuel supplier and three executives have been charged with cheating as part of a government crackdown on short deliveries of fuel to vessels in the world’s largest bunkering hub.

IMO: Ships will be "unseaworthy" if miss sulfur emission rule

LONDON (Reuters) — Ships which do not meet cuts to the amount of sulfur they can burn in their engines risk being declared "unseaworthy," the International Maritime Organization (IMO) said on Thursday.

EIA: US Crude oil, gasoline stocks up unexpectedly in latest week

(Reuters) — US crude oil and gasoline inventories grew unexpectedly last week as crude production and refining output rose, the Energy Information Administration said on Wednesday.

Mexico's energy chief says plan coming to 'soften' retail fuel increases

HOUSTON (Reuters) — Mexico's finance ministry is looking at ways to "soften" the price impact of gasoline market liberalization next year, Energy Minister Pedro Joaquin Coldwell said on Tuesday following a meeting of North American energy ministers in Houston.

China's crude oil processing runs in October rise to 2nd highest on record

BEIJING (Reuters) — China’s refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country’s state planner hiked prices for gasoline and diesel at the pump.

ADNOC to sell at least 10% of fuel distribution business in IPO

ABU DHABI/DUBAI (Reuters) — Abu Dhabi National Oil Company (ADNOC) aims to sell at least 10% of its fuel distribution unit in an initial public offering in Abu Dhabi, as Gulf states step up plans to privatize energy assets in an era of cheap crude.

US sets final anti-subsidy duties on Argentine, Indonesian biodiesel

WASHINGTON/CHICAGO (Reuters) — The US Commerce Department on Thursday said it set final anti-subsidy duties on biodiesel imports from Argentina and Indonesia, pushing soyoil futures to a two-month high even though the decision was expected.