Diesel

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.

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.