Diesel
Indian refiners cancel palm oil orders for July-September as prices surge
Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices.
Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion
Brazilian state-run oil firm Petrobras announced on Monday it signed contracts worth approximately 4.9 billion reais ($892.3 MM) for the completion of a new refining unit at its RNEST refinery.
China's May refinery throughput at 9-month low on plant overhauls (1)
China's crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official data showed on Monday, as maintenance at both state-owned and independent refineries curbed operations.
U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks
U.S. Senate Republicans proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of the value of the credit for biofuels made from feedstocks produced outside of the U.S.
Russia says it struck oil refinery that supplies Ukrainian army with fuel
Russian forces carried out an overnight strike on the Kremenchuk oil refinery that supplies fuel to Ukrainian forces in the Donbas region, Russia's defence ministry said on Sunday.
Algeria launches $7-B investment plan to expand hydrocarbon processing
Algeria has allocated a $7-B investment portfolio for major industrial projects aimed at increasing the conversion rate of hydrocarbons into higher value-added products from 32% to 50% in the next 5 yr.
EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases
U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher.
Neste and Chevron Lummus Global are developing a novel technology for processing lignocellulosic waste and residues into renewable fuels
Neste and Chevron Lummus Global (CLG), a leading technology provider for the production of renewable and conventional transportation fuels, are partnering to drive innovation in renewable fuels.
Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel
Plug’s electrolyzer technology has been selected as the foundation of a new $5.5-B billion green chemical production facility in Uzbekistan that will produce sustainable aviation fuel, green urea, and green diesel.
Private refiners tap India's drivers as export markets tighten
India's two major private-sector refiners, which have long prioritized exports, are turning to local sales, grabbing share in the country's fast-growing $150-B fuel retail market as weaker global demand squeezes profit margins offshore.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
