Diesel
Europe set for light autumn refinery maintenance as fuel markets tighten
European oil refiners are set to have an autumn maintenance season less busy than usual as they try to capture higher profit margins amid low fuel inventories and robust demand for gasoline and diesel.
India makes clean energy push at G20 with global biofuel alliance
India announced the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels.
Italy delays regional plan to limit diesel cars after protests
Italy's government postponed a plan by one of the country's most polluted regions to ban old diesel vehicles from towns and cities during working hours, an initiative that had sparked protests by motorists.
Singapore turns net importer of gasoil this week; distillates stocks at 5 month high
Singapore's middle distillates stocks climbed to near five-month highs after official data showed the country flipped to becoming a net importer of gasoil for the week and as jet fuel/kerosene net exports fell.
Stellantis sees long road ahead for internal combustion engine cars
Carmaker Stellantis believes internal combustion engine vehicles could be on the road until 2050, making it necessary to contain their carbon emissions until they're finally replaced by fully electric ones.
African Finance Corporation remains committed to fossil fuel investments
The African Finance Corporation, which is owned by Nigeria's central bank and other African financial institutions, has no intention of backing away from fossil fuel investments.
U.S. airlines flag high fuel costs, Southwest's August bookings disappoint
Southwest Airlines flagged softer August leisure bookings and joined two other U.S. airlines in warning of higher fuel costs in the third quarter due to a jump in crude prices.
Russian farm minister says fuel shortages threaten harvest and sowing
Russian Agriculture Minister Dmitry Patrushev said that fuel shortages threaten to disrupt autumn harvesting and sowing and urged a suspension of petroleum product exports, Interfax news agency reported.
India's August fuel consumption perks up on strong manufacturing
India's fuel consumption in August inched up from a 10-month low as strong factory activity in the world's third-biggest oil importer and consumer offset the usual monsoon lull.
Bunker fuel market to convert to LNG in next 10 years
The global bunker fuel market is expected to convert substantially to LNG over the next 10 years.
- OC Global signs MoU with Passo Fundo for greenfield ammonia plant in Brazil 8/8
- India's E20 fuel rollout marked by widespread criticism 8/8
- Argentina's YPF to invest $400 MM in sustainable jet fuel venture 8/8
- South African tax authorities extend jet fuel lifeline to airports 8/8
- MOL Group successfully completes another SAF and HVO production test 8/8
- India approves $3.4-B payout to state-run refiners for cooking gas losses 8/8
