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Diesel

Eni to supply biofuels to Italian logistics group

Eni has signed a two-year contract with Italy's Spinelli to power the company's trucks with diesel fuel produced from 100% renewable raw materials.

Citgo Petroleum posts record $2.8 B profit for 2022

Refiner Citgo Petroleum Corp reported record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' listed capacity.

Indian fuel demand in February was the highest in 24 yr

India's fuel demand hit its highest level in at least 24 years in February, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil.

Russia exporting diesel to Saudi via STS loadings

Russia is ramping up its diesel supplies to Saudi Arabia using ship-to-ship (STS) loadings in addition to direct supplies.

New Petrobras CEO discussed the future of Brazilian oil/gas and fuels industry with other sector partners

Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek, in Houston, Texas (USA), to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.

ABB wins automation contract for Cerilon’s first GTL plant

ABB will supply front-end design services, including automation and digital solutions for $2.8 billion gas-to-liquids facility.

Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated

Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said.

bp CEO: Fuel efficiency has a bigger impact on demand vs. EVs

Fuel efficiency in new light vehicles is having a bigger impact on fuel demand than rising sales of electric vehicles, bp Chief Executive Bernard Looney said at CERAweek.

French protests are disrupting fuel supplies

Workers striking over proposed changes to France's pension system continued to block fuel deliveries and reduce electricity production at several sites.

EU countries to meet to discuss proposed vehicle emissions law

The Czech Republic has invited transport ministers from 11 European Union counties to meet to discuss emissions-cutting policies amid a dispute over the bloc's landmark policy to shift to electric vehicles.