Diesel
India's E20 fuel rollout marked by widespread criticism
As India puts more of the emissions-cutting biofuel ethanol in its petrol, consumers complain it damages their engines.
Low global diesel supplies support crude prices despite OPEC+ boost
Diesel, the top component of global fuel demand, has been the lone bright spot in an otherwise lackluster oil market this year as refinery closures and a shortage of crude with higher diesel yields have kept inventories below historical norms.
Exports of oil products by private Indian refiners
The South Asian nation became the top buyer of Russian seaborne crude after Moscow's 2022 invasion of Ukraine. Private refiners Reliance Industries and Nayara are Russia's top Indian oil clients.
CountryMark refinery (U.S.) to use Topsoe technology for renewable diesel production
Topsoe has been selected as the renewable diesel technology partner for CountryMark’s Mount Vernon, Indiana (U.S.) refinery.
Russia's Ryazan oil refinery halves refining capacity after drone attacks
According to sources, two primary oil refining units were stopped following the drone attacks - CDU-3 with a capacity of 8,600 tonnes (t) per day, and CDU-4 with a capacity of 11,400 tpd.
Top U.S. refiner Marathon Petroleum beats quarterly profit on higher refining margins
U.S. refiners are posting upbeat quarterly profits, recovering from the losses in the previous quarter on stronger diesel margins.
India's Nayara exports first gasoline since sanctions
Russia-backed Indian refiner Nayara Energy has exported its first gasoline cargo since the privately-owned company was sanctioned by the European Union on July 18.
HF Sinclair (U.S.) beats profit estimates as refining margins soar
Top U.S. refiners are posting improved results in 2Q, rebounding from 1Q losses as stronger-than-expected diesel margins lift earnings.
U.S. crude stocks and distillate inventories rise, gasoline inventories fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending July 25, the Energy Information Administration (EIA) said.
China ramps up exports of refined fuels as margins rise
China's exports of key refined fuels are on track to jump to the highest in 16 months as refiners take advantage of rising profit margins.
- 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
