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Russia exporting diesel to Saudi via STS loadings

Russia is ramping up its diesel supplies to Saudi Arabia using ship-to-ship (STS) loadings in addition to direct supplies.

Strategic Biofuels to bolster U.S. green fuels project through U.S. DOE loan guarantee

Strategic Biofuels announced today that it has been invited by the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to submit a Part II application for a proposed $1.6 B loan guarantee under the Title XVII Innovative Clean Energy Loan Guarantee Program.

ABB wins automation contract for Cerilon’s first GTL plant

ABB will supply front-end design services, including automation and digital solutions for $2.8 billion gas-to-liquids facility.

Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated

Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said.

bp CEO: Fuel efficiency has a bigger impact on demand vs. EVs

Fuel efficiency in new light vehicles is having a bigger impact on fuel demand than rising sales of electric vehicles, bp Chief Executive Bernard Looney said at CERAweek.

U.S. policy is conducive for new investments in energy transition said Repsol's CEO

The U.S, is attracting investment in renewables, hydrogen, biofuels, etc. through new legislation, while the EU's rules could deter investors, Repsol's CEO said at CERAweek.

AWS unveils startups selected for the Clean Energy Accelerator 3.0 program

Amazon Web Services (AWS) announced the startups selected for the Clean Energy Accelerator 3.0. The program is designed to facilitate collaborations with mature startups developing breakthrough clean energy technologies.

Lukoil has begun ship-to-ship loadings of ULSD

Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulfur diesel (ULSD) off its western exclave of Kaliningrad.

Chinese diesel/gasoline exports continue to rise

China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilized their expanded yearly export quotas.

Cepsa to invest more than $3.8 B in sustainable energy/mobility by 2027

Spanish oil and gas company Cepsa plans to nearly double its investments over the next three years to a total of 3.6 B euros ($3.82 B), with more than half of that amount going to sustainable energy and mobility.