Diesel
China's diesel exports surge in August, have nearly tripled so far in 2023
China's diesel exports in August surged from a year earlier and have nearly tripled so far in 2023 compared to the same time a year ago, data showed, as refiners take advantage of strong regional refining margins to ship fuel overseas.
Iran's Revolutionary Guards seize two ships smuggling 1.5 MM liters of fuel
Naval forces of Iran's Revolutionary Guards have in recent days seized two Panama-flagged ships smuggling a total of 1.5 million liters of fuel.
Biden vows to cut U.S. gasoline prices
President Joe Biden vowed to get U.S. gasoline prices down, one day after a report showed consumer inflation surged by the most in 14 months due to higher energy costs.
Belarus' Lukashenko says Minsk ready to increase fuel shipments to Russia
Belarusian President Alexander Lukashenko told Russian President Vladimir Putin that Belarus has recently supplied 60,000 tons of diesel and 60,000 tons of petrol to Russia and is ready to further increase shipments.
Indian minister walks back plans for higher taxes on diesel vehicles
India is not planning to levy any new tax on diesel vehicles two days after he warned automakers to reduce diesel production or face higher taxation.
Singapore middle distillates stocks near 6-month high despite exports
Singapore's middle distillates inventories hit a near six-month high, official data showed, as jet fuel/kerosene net exports were little changed despite rising gasoil net exports week-on-week.
Volkswagen fight against Italian dieselgate fine to be decided by Italian court
Volkswagen's attempt to avoid being penalized twice for the same offence in the dieselgate scandal will depend on whether the wrongdoing is identical or just similar.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
Cargill to boost biodiesel production through acquisition of Granol's soy crushers in Brazil
The U.S. company last month announced a binding offer to buy the soy crushing plants as it looks to boost biodiesel production and expand operations in the world's biggest soy producer.
Global diesel shortage boosts prices
Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
