Diesel
Indonesia plans to hike biodiesel mandate in next few years
Indonesia plans to raise its mandatory palm oil-based biodiesel blending to 40% in the next few years, but for now will keep it unchanged at 35%, the country's energy minister said.
Renewables growth did not dent fossil fuel dominance in 2022
Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of World Energy report said.
Nigeria's NNPC spends $2.41 B on petrol subsidy
Nigeria's petrol subsidy cost state oil firm NNPC Ltd $2.41 B in the five months through May before the program was scrapped, a report showed.
Turkey stays top destination for Russian June diesel loadings
Turkey will again be the top destination for Russian diesel exports in June, while total shipments are set to rise after seasonal refinery maintenance, traders said.
China's May fuel oil imports ease after hitting highest in a decade
China's fuel oil imports dipped in May after hitting a decade-high in April, while exports of low-sulfur marine fuels rose, General Administration of Customs data showed.
Canada retools inflation baskets, more focus on food, gas prices
Canada's national statistics agency revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes in the prices of food and gasoline.
India oil firms could consider cutting petrol, diesel prices in next quarter
Indian fuel retailers could consider cutting petrol and diesel prices in the next quarter if the global situation remains stable, its oil minister Hardeep Singh Puri told broadcaster NDTV.
Angola fuel hike protesters clash with police
Angolan police fired tear gas in the capital Luanda and other cities Benguela and Namibe as thousands of protesters took to the streets a week after clashes over a recent fuel hike killed at least five people.
Former F1 boss racing to create ‘guilt free’ fuel
Formula One is seen as one of the most gas guzzling of sports but one top engineer and former F1 team boss Paddy Lowe is seeking to change this with the launch of a so-called guilt-free synthetic fuel.
Russia's June seaborne diesel exports rise amid growing output
Russia's seaborne diesel and gasoil exports are set to rise in June amid growing oil products output after refinery overhauls and sufficient stocks on the domestic market, data from traders and Refinitiv Eikon showed.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
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- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
