Sri Lanka gets 40,000 t of petrol from UAE amid fuel shortage

COLOMBO (Reuters) — Sri Lanka was set to receive a 40,000-t petrol shipment from the United Arab Emirates early on Thursday to help plug a fuel shortage triggered by panic buying, officials said, and India assured further help to its neighbor if needed.

Honda at fault in complaint over Pakistan gasoline, oil companies say

ISLAMABAD (Reuters) — A body representing oil companies in Pakistan said Honda Motor Co, which has blamed local gasoline companies for damage to engines in one of its vehicle models, appears to know the engines are incompatible with Pakistani fuel standards and need to be calibrated.

Diamond Green Diesel initiates engineering review for proposed expansion

IRVING, Texas — Darling Ingredients Inc. and Valero Energy Corporation announced that in anticipation of growing demand for renewable diesel due to the Renewable Fuel Standard (RFS) and global low carbon markets, they will initiate an engineering and construction cost review to analyze an additional project growing annual production capacity to 550 MMgal at the Diamond Green Diesel (DGD) facility in Norco, LA.

Sri Lanka fuel shortage to end on Nov. 9

COLOMBO (Reuters) — Sri Lanka's fuel shortage will end on Nov. 9, Petroleum Minister Arjuna Ranatunga said on Monday, as state-run oil retailer Ceylon Petroleum Corporation (CPC) and Lanka IOC traded blame charges over the shortage.

Ethanol-based fuel becomes top-selling petrol in France

PARIS (Reuters) — Gasoline containing up to 10% of ethanol has become the top-selling petrol in France, its largest market in the European Union, helped by a tax break that made the crop-based fuel more attractive to drivers, French ethanol producers said on Tuesday.

Taiwan's Formosa Petrochemical offers 2018 jet fuel, diesel term

SINGAPORE (Reuters) — Taiwan’s Formosa Petrochemical Corp has offered a total of 3.3 MMbbl of jet fuel and diesel for 2018 term contracts, tender documents showed on Monday.

Italy seizes 100 t of diesel on ship sailing from Libya

ROME (Reuters) — Italian police said on Saturday they had seized more than 100 t of contraband diesel from a ship which set sail from Libya and arrested the captain for smuggling and money-laundering.

Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

The global middle distillate market continued to improve on healthy demand and depleted stocks amid regional maintenance, while the bottom of the barrel saw pressure due to low demand and high inventory levels in Asia and Europe.

Business Trends: Preparing for a sea change in global refining

Follette, C., Ruiz-Cabrero, J., Boston Consulting Group

The global oil refining industry has been buffeted by many events in recent years.

Global: Russia’s plan to dominate fuel supply to Asia

Gerden, E., Contributing Writer

Russia hopes to become a major supplier of gasoline, diesel fuel and other oil products to the Asia-Pacific region during the next several years, with help from the planned launch of large-scale refineries in the Far East that will be built with the participation of Asian investors.