Diesel
Asia 10-ppm gasoil refining margins near 18-month low on clouded outlook
Asia's 10-ppm sulfur gasoil refining margins have slumped to a near 18-month low amid mixed market outlooks as well as softer ICE gasoil futures and prompt paper swaps.
Meet gasoline quality and process safety requirements through new alkylation technologies
The catalytic alkylation process is very attractive to countries with high gasoline consumption and a sizable availability of LPG. This process can produce high-octane gasoline with low levels of contaminants, although there are high capital investment and operational costs associated with this technology.
Mexico's new Pemex refinery processes 65,000 bpd of crude in July but no gasoline
Mexican state oil firm Pemex's newest refinery processed some 65,046 bpd of crude oil in July, its first month of operations after multiple delays, and just over 30,000 bpd of diesel and coke.
Viking Energy becomes the world's first ammonia-powered platform supply vessel
Shipowner Eidesvik Offshore and partners will make “Viking Energy” the world’s first ammonia-powered platform supply vessel. In 2026, the vessel will operate on ammonia for Equinor, reducing GHG emissions by 70% or more.
PetroChina posts record interim profit, but fuel sales decline
China's largest oil and gas company PetroChina's first-half net income hit a new high, up 3.9% compared with a year ago, as higher oil and gas prices outweighed the impact of reduced refining profits.
Sinopec's H1 profit up on record output despite lower product demand
China's Sinopec posted a 2.6% rise in net profit for the first half of the year as record oil and gas output compensated for falling domestic demand for refined fuel and petrochemicals.
Russia uses vessels sanctioned by EU for fuel, diesel exports
Russia has started to use vessels sanctioned by the Europe Union (EU) for oil products exports.
Singapore's middle distillates stocks snap three-week uptrend
Singapore's middle distillates inventories fell 5% from last week, snapping three weeks of gains as a jump in net jet fuel/kerosene exports outweighed declines in diesel/gasoil net exports.
Air Products and Saneg announce $140-MM assets acquisition deal in Uzbekistan
The Fergana refinery in Uzbekistan is starting the industrial production of hydrogen (H2) by transferring its H2 production assets to Air Products.
Fire at huge Russian diesel depot engulfing more storage tanks
A fire sparked by a Ukrainian drone attack on a huge diesel depot in Russia's southern Rostov region on Sunday has engulfed more fuel storage tanks.
- ADNOC takes FID, awards $5 B in contracts for Phase 1 of its Rich Gas Development project 6/10
- Honeywell, Johnson Matthey, Gidara Energy and Samsung E&A form SAF technology alliance 6/10
- The U.S. produced more energy in 2024 than ever before 6/10
- Japan’s Taiyo Oil buys first Russian crude in more than two years on government request 6/10
- TRE HOLDINGS, Mitsubishi Gas Chemical to study feasibility of using woody biomass and waste to produce green methanol in Japan 6/10
- Honeywell completes acquisition of Sundyne to expand process industry capabilities 6/10
