Diesel
Indonesia's Pertamina to build new fuel terminal following deadly fire
Indonesia's state energy company PT Pertamina said it will develop a fuel storage facility in north Jakarta, following a deadly fire that broke out at a terminal earlier this year and spread into a densely populated residential area.
India's fuel demand slips to 10-month low in July
India’s fuel consumption slipped to a 10-month low in July, government data showed, as monsoon rains restricted mobility in the world's third-biggest oil importer and consumer.
U.S. manufacturing slowdown fails to rebuild diesel stocks
U.S. manufacturers reported another decline in activity in July 2023, but industrial electricity and especially diesel consumption have declined less than expected in recent months, explaining why prices remain relatively firm.
Russia's seaborne diesel exports rise in July
Russia's seaborne diesel and gasoil exports in July rose by 5% from a month earlier to about 3.8 million metric tons as seasonal refineries maintenance slowed down.
ART launches catalyst system to produce renewable diesel, SAF from 100% renewable sources
Advanced Refining Technologies LLC, a joint venture of Chevron and specialty chemicals leader W. R. Grace & Co., launched ENDEAVORTM, a hydroprocessing catalyst solution to produce renewable diesel and sustainable aviation fuel from 100% renewable sources, such as vegetable oils, refined oils, animal fats, and greases.
U.S. proposes raising vehicle fuel economy standards to 58 miles per gallon by 2032
The Biden administration proposed to hike fuel economy standards by 2032 to a fleet-wide average of 58 miles per gallon as it seeks to cut greenhouse gas emissions and reduce fuel use.
AFPM statement and letter in support of House bills to stop government vehicle bans, attempts to electrify the RFS
American Fuel & Petrochemical Manufacturers President & CEO Chet Thompson this morning issued a statement along with a letter urging support for three bills being marked up today by the House Energy & Commerce Committee.
End of Nigerian fuel subsidy set to squeeze Europe's refiners
One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country's domestic demand and a regional market for smuggled fuel.
Venezuela cuts back diesel prices to factories after complaints
Venezuela's government reduced an increase it had imposed at the beginning of the month on diesel prices to factories, after complaints from producers about the potential impact of the measure.
Nigeria unions to strike unless fuel price hike is reversed
Nigerian labor unions plan to strike to demand a reversal in petrol price hikes and lower public school fees, the Nigerian Labour Congress said.
- Russia's Ryazan oil refinery restores crude processing to 60% of pre-attack level 3/28
- Global refinery capacity totaling 3.6 MM bpd at high-risk of closure 3/28
- More than 20% of global oil refining capacity at risk, analysis finds 3/28
- SABIC Fujian Petrochemicals advances major ethylene project with Lummus technologies and services 3/28
- Singapore fuel oil stockpiles slip to two-week low 3/28
- Sri Lanka minister says Sinopec to start work on refinery by June 3/28