Diesel
Toyota unit Hino Motors reaches $1.6-B U.S. diesel emissions settlement
Toyota Motor unit Hino Motors has agreed a $1.6-B settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles.
Russian oil products trapped at sea by U.S. sanctions
Nearly 500,000 tonnes (t) of Russian oil products are trapped on tankers hit by U.S. sanctions.
California (U.S.) withdraws clean truck EPA waiver request ahead of Trump inauguration
California said on Tuesday it has withdrawn its request for a federal waiver to require commercial truckers to transition to zero-emissions vehicles, preempting an expected denial from the incoming administration of President-elect Donald Trump.
Chinese, Indian refiners seek new supplies as US sanctions tighten grip on Russian oil
Chinese and Indian refiners are seeking alternative fuel supplies as they adapt to severe new U.S. sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.
bp warns of 4Q profit hit, drop in refining margins
bp has warned that its 4Q results will be hit by weaker oil and gas production, refining margins and trading.
Turkey and Brazil top buyers of Russian diesel
Turkey and Brazil remained the main importers of Russian seaborne diesel and gasoil last year amid the European Union's ban on imports of Russian refined products.
U.S. oil refiners brace for a tough year as investor sentiment turns negative
Some investors are souring on the U.S. oil refining sector, citing forecasts for softer fuel demand and worries that President-elect Donald Trump may slap tariffs on imports of crude.
WTO panel largely backs EU in palm oil case against Indonesia
A World Trade Organization (WTO) panel found largely in favor of the European Union (EU) on Friday in a case brought by Indonesia against the bloc's restrictions on palm oil-based biofuel.
Kinder Morgan fuel pipelines return to service after Californian power outages
Kinder Morgan Inc. said two of its fuel pipelines, SFPP West and CALNEV, had returned to service on Friday, having been shut down since Jan. 8 due to power outages in Southern California.
Neste MY Renewable Diesel introduced to the Italian market in collaboration with fuel distributor Firmin
Neste is partnering with the Italian fuel distributor Firmin to make Neste MY Renewable Diesel available for the first time in Italy to contribute to the reduction of greenhouse gas emission in the transport sector.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
