Diesel

Asia traders consider sending diesel, jet fuel to Europe after Dutch refinery fire

SINGAPORE (Reuters) — Traders in Asia are considering shipping diesel and jet fuel to Europe after a fire at that region's largest oil refinery disrupted supplies and boosted fuel margins, five traders and shipbrokers said on Tuesday.

EPA, Oregon DEQ reach agreements with Eugene company for diesel spill

(SEATTLE) — The Oregon Department of Environmental Quality and the US Environmental Protection Agency combined efforts to protect Spoon Creek, a small stream midway between Salem and Eugene along the I-5 corridor, from a February 2016, spill of red dyed diesel fuel. The joint cleanup and enforcement action has culminated in two separate agreements with the Jerry Brown Company, Inc., a petroleum distribution company based in Eugene.

China diesel demand expected to return to growth as economy improves

SINGAPORE (Reuters) — Chinese demand for diesel will rise again this year after contracting for the first time in over a decade in 2016, buoyed as the world's No.2 economy shows signs of growth, traders and analysts said.

Pakistan oil and gas regulator says 50% of fuel tankers fail safety standards

ISLAMABAD (Reuters) — Pakistan's oil and gas regulator said on Thursday that nearly 50% of fuel tankers in the country do not meet safety requirements, a day after the tanker association ended a strike protesting the enactment of stricter safety standards.

Shell sees oil demand peaking by late 2020s as electric car sales grow

LONDON (Reuters) — The world's oil consumption could peak as early as the end of the next decade as electric vehicles become more popular, Royal Dutch Shell Chief Executive Ben van Beurden said on Thursday.

Tesoro to sign agreement to supply transportation fuels in Mexico

SAN ANTONIO, TEXAS — Tesoro Corporation, to become Andeavor on Aug. 1, 2017, announced it has reached a definitive agreement that will enable the company to supply transportation fuels and launch the ARCO brand in the states of Sonora and Baja California, Mexico.

Sri Lanka deploys military to maintain fuel supplies after strike

COLOMBO (Reuters) — Sri Lanka deployed its military on Wednesday to help distribute fuel after tens of thousands of employees of the state-run firm that controls the bulk of supplies in the island nation went on strike, officials said.

Electric cars win? Britain to ban new petrol and diesel cars from 2040

LONDON (Reuters) — Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution that could herald the end of over a century of popular use of the fossil fuel-guzzling internal combustion engine.

Pakistan fuel tanker owners end strike, bringing halt to panic buying

KARACHI/ISLAMABAD (Reuters) — Owners of Pakistani fuel tankers ended their protest strike on its third day on Wednesday, dispelling fears of a fuel shortage that had prompted long queues of panicked fuel buyers at petrol stations countrywide.

Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt

SINGAPORE/HANOI (Reuters) — Vietnam's fuel imports may drop as the effects of a tax cut on sales of gasoline and diesel fuel from the country's Dung Quat oil refinery start to be felt as earlier term contracts expire.