Diesel
Phillips 66 beats 2Q results estimates on midstream unit strength
Refiner Phillips 66 reported quarterly results that beat analysts' estimates, helped in part by strength at its midstream unit, even as it grappled with lower margins due to a tepid summer driving season.
Slovakia will halt diesel supplies to Ukraine unless oil transit restored, PM says
Slovak Prime Minister Robert Fico said on Monday his country would halt diesel supplies to Ukraine if Kyiv fails to restore oil flows from Russian group Lukoil through its territory.
Mexico seeks more 2025 fuel import deals after refinery delays
Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate for delays in the startup of its new Olmeca refinery.
PETRONAS, Eni and Euglena reach FID to construct a biorefinery in Malaysia
Petroliam Nasional Berhad (PETRONAS), Enilive S.p.A (a company directly controlled by Eni S.p.A.) and Euglena Co., Ltd. have reached the final investment decision (FID) to develop a biorefinery which will be located within PETRONAS’ Pengerang Integrated Complex (PIC), Johor, Malaysia.
WoodMac: LNG truck sales impacting Chinese road diesel demand
China’s sales of LNG-powered heavy-duty trucks rose from below 10% to reach as much as 30% of the market in the latter months of 2023, resulting in the displacement of over 8% of road diesel demand in the country.
Russia considering ban on diesel exports
The Russian government is considering a ban on exports of diesel due to rising domestic prices.
Argentine biofuels chamber calls new U.S. biodiesel duties illegal
The U.S. Commerce Department slapped anti-dumping duties of between 60.44% to 276.65% on biodiesel from Argentina and Indonesia, on top of already steep anti-subsidy duties. The Argentine Chamber of Biofuels said that increased U.S. duties on Argentine biodiesel were "arbitrary and illegal" and would shut Argentina out of the market in the U.S.
Evolution in the rapid, onsite detection of microbial contamination in diesel fuel
Conidia Bioscience has launched FUELSTAT® One, a new test kit to join the FUELSTAT range designed to rapidly detect microbial contamination in diesel fuel to prevent operational downtime and safety issues.
U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending July 12.
Update: Singapore middle distillates stocks surge on jet fuel imports
Singapore's middle distillates stockpiles rose more than 30% from last week, as a surge of jet fuel/kerosene total imports—mainly from India—offset gains in diesel/gasoil net exports.
- CLG and INA successfully produce SAF from biogenic feedstock 7/29
- HAMR Energy announces plans for Australia’s first major methanol-to-jet fuel facility 7/29
- Johnson Matthey’s tech enables successful start-up of the world’s largest single-train methanol plant 7/29
- Clariant and Shanghai Boiler partner to develop green methanol/ammonia and SAF projects in China 7/29
- China ramps up exports of refined fuels as margins rise 7/29
- Baker Hughes to acquire Chart Industries for $13.6 B 7/29
