Diesel
Business Trends: Converting refineries to renewable fuels is no simple switch
Petroleum refineries around the globe are under pressure.
EU's candidate climate chief takes aim at fossil fuel subsidies
Former Dutch foreign minister Wopke Hoekstra, who is nominated to be the EU's new head of climate change policy, plans to act to phase out fossil fuel subsidies if he takes up the role.
Russia considers fuel export quotas to tackle high prices
Russia may introduce quotas on overseas fuel exports if a complete export ban imposed last week does not succeed in bringing down persistently high gasoline and diesel prices.
Ultra low-sulfur diesel loadings from Russia's Primorsk to fall in October
Ultra low-sulfur diesel loadings from the Russian Baltic Sea port of Primorsk are set to fall in October by 80% month on month on a daily basis to 210,000 metric tons from 1.08 Mmt scheduled for September.
Kremlin: no plans to raise crude oil supply to offset fuel export ban
Russia has not discussed with the OPEC+ group of leading oil producers a possible crude oil supply increase to compensate for Russia's fuel exports ban.
Shipping industry lacks clarity on future clean fuels on path towards decarbonization
The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing vessels amid pressure to decarbonize faster.
How serious is Russia's fuel export ban and who will be hit?
Russia said it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.
Portugal's Galp to invest $426 MM in biofuels with Japan's Mitsui
Portuguese oil company Galp said it had teamed up with Japan's Mitsui to invest $426 MM in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery.
Russia lifts export ban on low-quality diesel, marine fuel
The Russian government has approved some changes to its fuel export ban, lifting the restrictions for fuel used as bunkering for some vessels as well as diesel with high content of sulfur.
Oil prices steady as Russia eases fuel export ban
Oil prices held steady after Russia relaxed its fuel ban, taking the edge off earlier gains on a tighter supply outlook and wariness over interest rates that could curb demand.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
