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Diesel

Slovak refiner will continue supplies to Czech Republic after sanctions waiver ends

Slovak refinery Slovnaft has secured alternative crude supplies to maintain diesel exports to the Czech market after the June 5 expiry of an EU exemption that allowed it to export products derived from Russian oil.

ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 3.0): Providing new information on cost simulations reflecting approval at MEPC 83

This report provides updated information on cost simulations reflecting the IMO’s mid-term GHG reduction measures approved at the 83rd session of the Marine Environment Protection Committee (MEPC 83) held in April 2025.

HPCL aims to start crude unit at 9-MMtpy Rajasthan refinery (India) in October

Hindustan Petroleum Corp. Ltd. announced that it plans to begin crude processing at its 9-MMtpy Rajasthan (India) refinery in October of this year. The company has also announced that it hopes to start petrochemicals production in January 2026. 

Nigeria's fuel traders struggling to secure gasoline from refurbished state refineries

Nigerian fuel traders are struggling to secure gasoline supplies from two newly refurbished state-run refineries six months after they were declared operational, they say, leaving them reliant on the privately owned Dangote oil refinery and imports.

Fuji Oil cancels Japanese biofuels plant due to high construction costs

Fuji Oil has decided to cancel plans to build a biofuels manufacturing plant at the Sodegaura refinery in Chiba, Japan, due to higher-than-expected construction costs.

China's April refinery output fell 1.4% year-on-year

China's crude oil throughput fell in April from a year earlier, official data showed on Monday, due to maintenance at state-owned refineries and as independent plants curbed output amid poor margins.

U.S. EPA to rule on backlog of small refinery biofuel exemption requests

There are 161 applications for exemptions from the U.S. Renewable Fuel Standard pending. The EPA's decision will have significant implications for the multi-billion-dollar credit market that underpins the biofuel program.

Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business

Phillips 66 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

Asia's refined fuel imports drop, but margins still hold

Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region.

Russian seaborne diesel exports fell in April

Russia's seaborne diesel and gasoil exports fell in April as refineries carried out seasonal maintenance and the industry held back some supplies for expected domestic demand growth over the summer months.