Diesel
EIA: Crude and gasoline inventories fall, distillates rise
Crude inventories fell by 6 MMbbl to 420.7 MMbbl last week, the U.S. Energy Information Administration (EIA) said, compared with analysts' expectations in a poll for a 1.8-MMbbl draw.
Czech refinery outage forces Orlen Unipetrol to seek state help to meet diesel demand
Unipetrol's second-largest Czech refinery in Kralupy, in the center of the country, remains in operation and the production of other fuels is sufficient.
China’s Sinopec Shanghai Petrochemical first half profit slides
The company said the market remains challenging, with strong supply and weak demand, rising penetration of new-energy vehicles squeezing fuel demand, and the chemical sector still at a cyclical low.
Indonesia plans quick-to-build oil refineries for U.S. crude
Indonesia plans to build a network of small modular refineries to process U.S. and domestic oil, aiming to reduce gasoline imports, but analysts warn the switch in strategy from large-scale refining facilities could prove uneconomical.
Russia's ultra low-sulfur diesel exports from Primorsk scheduled to rise in August
Russia's August exports of ultra low-sulfur diesel from the Baltic Sea port of Primorsk are scheduled to rise by 3.2% from July to 1.3 million metric tons, two traders said.
U.S. crude oil and distillate inventories rise, gasoline stockpiles fall
U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.
VINCI wins major contract for innovative biofuels plant in Spain
Moeve and Apical have awarded Grupo Cobra and Masa - both subsidiaries of Cobra IS – the electrical, piping and industrial mechanical works of the largest second-generation biofuels plant in Spain.
Indonesia aims to launch B50 biodiesel in 2026, but unlikely in January
Indonesia reaffirmed a plan to raise the mandatory palm oil content in its biodiesel to 50% starting from next year, but the program known as B50 is unlikely to start in January
Argentina raises biofuel prices for domestic market
The Argentine government raised biofuel prices for the domestic market, according to two resolutions published in the official gazette.
Imperial Oil completes renewable diesel facility at Strathcona refinery (Canada)
Imperial Oil has completed construction of a renewable diesel facility at its Strathcona refinery near Edmonton, Canada, a milestone for Canadian operations.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
