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Diesel

U.S. EPA denies nearly all biofuel blending exemption petitions

President Joe Biden's administration on Friday denied almost all outstanding petitions from oil refiners asking to be exempted from mandates that require them to mix biofuels into their fuel.

Singapore bunker sales slip in June; bio-blended sales rise in H1 2023

Monthly sales of marine fuel, also known as bunker fuel, fell to four-month lows in Singapore in June, though bio-blended bunker sales for the first half of 2023 have surpassed 2022 volumes, official data showed.

U.S. lawmakers seek to lower biofuel blending compliance costs

A bipartisan group of U.S. lawmakers introduced legislation this week directing the Biden administration to allow oil refiners to purchase compliance credits for U.S. biofuel blending laws at a lower, fixed cost compared to the open market.

India's ethanol program will cap future sugar exports

India, the world's second-largest sugar producer and a major exporter in recent years, will likely have a smaller role in the sugar export market going forward as its government-led ethanol program continues to expand.

Digital Exclusive: Refineries’ pandemic turmoil—KNPC’s gasoline demand: Opportunities and challenges

Kuwait National Petroleum Co.: Matar, M. B.  |  Alqallaf, D. A.  |  Alesmail, I.  |  Al-Mutairi, F.

In this exclusive digital article, KNPC provides a comprehensive analysis of the difficulties and challenges that the company experienced during the COVID-19 epidemic and how its refineries adapted during this challenging time.

Biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast

Last year, U.S. West Coast distillate consumption, as measured by product supplied, was at its lowest since 2002 and is on track to fall further this year.

Iran seizes tanker with 900 tons of 'smuggled fuel'

Iran's Revolutionary Guards seized a tanker holding 900 metric tons of "smuggled fuel" and 12 crew members based on a court order, a report by the semi-official Fars news agency said.

U.S. crude, gasoline inventories fall more than expected

U.S. crude stocks drew more than expected on strong refining demand, while gasoline inventories posted a large draw after an increase in driving last week, the Energy Information Administration said.

Nigeria's petrol use down 28% after subsidy scrapped, regulator says

Nigeria's average daily petrol consumption has fallen by 28% since President Bola Tinubu scrapped a popular but costly subsidy on the fuel at the end of May, data from the industry regulator shows.

Bunge, Chevron acquire Argentina's Chacraservicios to meet renewable diesel demand

Grains merchant Bunge and oil major Chevron said they have acquired Argentina-based agricultural product company Chacraservicios, as the companies look to expand their renewable energy footprint.