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Diesel

Russia's seaborne diesel exports showed a rise in August

Russia's seaborne diesel and gasoil exports in August rose by 2% from a month earlier to about 3.85 million metric tons on healthy fuel production, data from traders and LSEG showed.

Refineries’ pandemic turmoil—KNPC’s gasoline demand: Opportunities and challenges

Kuwait National Petroleum Co.: Matar, M. B.  |  Alqallaf, D. A.  |  Alesmail, I.  |  Al-Mutairi, F.

The COVID-19 pandemic is regarded as one of the most exceedingly difficult challenges faced in the oil and gas industry's history.

EU to seek COP28 deal on phasing out fossil fuels

European Union countries are preparing to push for a global deal on phasing out fossil fuels at the United Nations COP28 climate summit which begins in November, a draft of the EU's negotiating position showed.

China adds 15 MMt to 2023 fuel export quotas in third batch

China has issued 15 MMt of oil products export quotas to companies in its third batch for 2023, according to three trading sources and two domestic consultancies.

China's refined fuel demand in H2 2023 to rise 10% year-to-year

China's apparent refined fuel demand is expected to increase by 10% year-on-year in the second half of 2023.

Russia faces domestic fuel crunch, braces for more shortages

Russia, one of the world's biggest oil producers, has faced shortages of fuel crucial for gathering the harvest in some parts of its southern breadbasket and the situation may get worse in coming months.

Cologne Bonn Airport switches to Neste MY Renewable Diesel in its entire diesel-powered ground fleet

Cologne Bonn Airport has switched to Neste MY Renewable Diesel in its diesel-powered ground fleet.

E-fuels: Axens, Paul Wurth, IFPEN agree to co-develop Reverse Water Gas Shift tech

Axens, SMS group subsidiary Paul Wurth and IFP Energies Nouvelles signed a co-development agreement for the optimization of the Reverse Water Gas Shift technology and its integration into e-fuel projects.

Japan gasoline prices hit record high

Japan's nationwide average retail price of regular gasoline rose by 1.9 yen to a record high 185.6 yen ($1.27) per liter over the week to Aug. 28, marking the 15th consecutive weekly increase.

China diesel exports seen rising to over 1 MMt in September

Chinese refiners are poised to boost diesel exports in September to more than 1 MMt, drawn by lucrative margins from selling overseas and as they expect to receive more export quotas from Beijing.