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Diesel

Indonesia's biodiesel consumption at 6.12 MM kiloliters in first half of 2024

Indonesia's biodiesel consumption in the first half of 2024 reached 6.12 MM kiloliters, data from the energy ministry showed on Friday.

Ampol, Graincorp collaborate for potential renewable fuels plant in Australia

The companies inked a memorandum of understanding (MoU), under which Graincorp will supply feedstock to produce sustainable aviation fuel and renewable diesel at the Lytton refinery.

Egypt aims to keep diesel prices subsidized

Egypt will aim to keep the price of diesel - one of the country's most commonly used fuels - subsidized by raising other petrol prices, Prime Minister Mostafa Madbouly said.

EIA: U.S. refining capacity increased in 2023 with expansions and existing facilities

U.S. refining capacity increased in 2023 for the second time since the COVID-19 pandemic, according to the U.S. EIA’s annual Refinery Capacity Report. U.S. operable atmospheric crude oil distillation capacity totaled 18.4 MMbpd at the start of 2024, a 2% increase compared with the start of 2023.

Angola's new 30,000-bpd Cabinda refinery to start up later this year

Angola’s new Cabinda crude oil refinery is on track to start up later this year before ramping up to full first phase production of 30,000 bpd by July next year.

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.