Diesel
India's BPCL sells its first low sulfur diesel cargo for export
SINGAPORE (Reuters) — Indian oil refiner Bharat Petroleum Corp Ltd sold a low sulfur diesel cargo through an export tender for the first time as its refineries upgrade units and due to higher inventory of the fuel, three industry sources said on Monday.
Opportunity or disaster? Traders see choppy waters due to shipping sulfur cap
LONDON (Reuters) — The world's top trading houses, among the most nimble entities in oil, say even they aren't sure how to stay a step ahead of a coming cut in shipping fuel sulfur.
Renewlogy joins Plastics-To-Fuel and Petrochemistry Alliance
WASHINGTON – The American Chemistry Council’s (ACC’s) Plastics-to-Fuel and Petrochemistry Alliance (PFPA) today announced that Renewlogy, formerly PK Clean, will become its newest member. Renewlogy, based in Salt Lake City, joins technology providers Agilyx, RES Polyflow, and Vadxx Energy in PFPA membership.
India cuts excise duty on petrol and diesel
NEW DELHI (Reuters) — India on Tuesday cut excise duty on petrol and diesel by two rupees a liter to protect retail consumers from higher global crude oil prices, the government said.
Puma Energy doubles fuel distribution in Puerto Rico after hurricane
MEXICO CITY (Reuters) — Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday.
Industry Metrics
US product crack spreads surged amid refinery outages as Hurricane Harvey affected US Gulf Coast (USGC) refinery operations.
European sales of gasoline-powered cars overtake diesel
LONDON (Reuters) — Sales of gasoline-powered cars have overtaken diesel in the first half of this year for the first time since 2009, the European Automobile Manufacturers Association (ACEA) said this week.
Fuel imports, distribution in Puerto Rico starts to unclog
(Reuters) — Shipments of gasoline and diesel into Puerto Rico have resumed after Hurricane Maria, with ports restarting operations, though there were still long fuel lines around the island on Thursday, according to traders and Thomson Reuters tracking data.
Brazil's Petrobras board approves listing fuel distribution arm
SAO PAULO (Reuters) — The board of Brazilian state-controlled oil company Petróleo Brasileiro SA voted to list its fuel distribution unit on the São Paulo Stock Exchange, according to a securities filing on Thursday.
US fuel exports recover after Harvey, offering buyers respite
LONDON/HOUSTON (Reuters) — Fuel exports from the US Gulf Coast have surged as refineries recover from weeks of disruptions due to Hurricane Harvey, offering respite to buyers in Latin America and Europe.
- Corteva and bp launch biofuel feedstock joint venture Etlas™ 1/7
- BASF starts up 1-MMtpy ethane cracker at Verbund site in Zhanjiang, China 1/7
- Larsen & Toubro delivers first feed to HPCL's 3.55-MMtpy LC-Max residue upgrading facility 1/7
- Borouge advances industry-first AI autonomous operations at Ruwais facility 1/7
- Chinese refiners expected to replace Venezuelan oil with Iranian crude 1/7
- Norway zips ahead in EV race as car sales hit 96% electric 1/7
