Diesel
Nigerian motorists queuing for fuel told there are no shortages
ABUJA (Reuters) — Nigeria’s state oil company assured motorists on Tuesday there was no shortage of petrol and urged them not to engage in panic buying after long queues built up at filling stations.
South Africa to hike petrol, diesel prices in December
JOHANNESBURG (Reuters) — The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weaker rand currency and higher crude oil prices, the energy department said on Monday.
Refining: What is blending?
Not a day passes without publications, the blogosphere and pundits wringing their hands over the concept of fuel blending. In today’s low-priced crude oil market, the fuel blending business gives blenders a competitive edge that grows every day, attracting new customers and potential new producers intrigued by the possibility of making “easy” money.
Industry Metrics
The US saw solid product demand, despite a decline following the end of the driving season, and reduced scheduled maintenance lent some support.
Global: Increase in Russian fuel excise tax may hit refinery profitability
The Russian government’s recent decision to raise the excise tax on motor fuel by 1 RUB/l in 2018 may lead to serious losses for the country’s domestic refining industry.
Details on high-impact refining and petrochemical projects presently under construction, as chosen by HP editors and readers
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.
Argentina biodiesel exports decline after US tariffs imposed
BUENOS AIRES (Reuters) — Argentina's biodiesel exports fell 30% in the third quarter of 2017 from the previous year to 353,034 t, the government's statistics agency said on Wednesday, indicating that new US import tariffs have had a swift impact.
EIA: US crude stocks fall, but gasoline, distillates up
(Reuters) — US crude oil stocks fell last week, led by the biggest fall in inventories at the Cushing, Oklahoma storage hub in eight years, while gasoline and distillate stockpiles rose, the Energy Information Administration said on Wednesday.
China state companies reach for new markets as 2017 diesel exports surge
SINGAPORE (Reuters) — Chinese state companies are shipping diesel to new buyers in the Middle East and Latin America as exports of the fuel head towards a record, and independent refiners could help raise the outbound sales even higher next year, multiple sources said.
ICRC buying fuel to pump clean water in Yemen as "last resort"
GENEVA (Reuters) — The International Committee of the Red Cross (ICRC) said on Wednesday it was making a "stop-gap" purchase of fuel so as to provide clean water to one million people in the Yemeni cities of Hodeidah and Taiz for one month.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
