Diesel

Trump's sanctions threat looms over Russian oil exports to China, India and Turkey

U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees to a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey.

India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August

Diesel output from BPCL's Bina refinery will be affected during the maintenance turnaround, but gasoline production will continue through its secondary unit.

Soaring electric truck sales deal new blow to diesel use in China

Electric-powered heavy trucks are rapidly gaining market share in China, driven by subsidies and the quick rollout of chargers, further curbing diesel usage and denting oil demand from the world's biggest crude importer.

Russia`s Tatneft launches new hydrocracking unit on TANECO refinery

Russian mid-sized oil producer Tatneft has launched a new hydrocracking unit at its TANECO refinery.

India must boost its petchem output to counter China's dominance, Reliance says

India must increase its petrochemical production capacity to meet local and global demand and contain China's growing dominance of the sector.

Indian Oil to upgrade Panipat refinery's diesel unit for green jet fuel production

Indian Oil Corp plans to shut the diesel desulfurizer unit at its 300,000-bpd Panipat refinery for an upgrade aimed at producing sustainable aviation fuel (SAF) next year, Arvind Kumar, its head of refineries, said.

Greenergy proposes to close Immingham biodiesel plant in the UK

U.S. crude stockpiles increase, gasoline falls on July 4 driving demand

U.S. crude oil stockpiles rose unexpectedly last week, while gasoline drew down on the back of strong driving demand ahead of the July 4 weekend, according to the Energy Information Administration (EIA).

Nigeria's Dangote refinery plans 1.6-MMbbl fuel storage tanks in Namibia

Nigeria's Dangote petroleum refinery will construct storage tanks in Namibia to hold at least 1.6 MMbbl of gasoline and diesel to supply refined fuel to southern Africa.

Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex

Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.