Diesel

Iraq in talks with ExxonMobil on Asian refining capacities

Iraq's state oil company SOMO is in advanced talks with ExxonMobil over a possible agreement to secure storage capacity in Singapore using tanks owned by the U.S. oil major, as well as refinery capacity deals.

Chevron seeks diversified approach to refinery investments

"There'll be places like Korea where we go investment heavy in petrochemicals and in heavy oil upgrading."

China oil demand to peak in 2027, up 100,000 bpd this year

China's total oil demand including all products is set to peak in 2027, with a rise of about 100,000 bpd this year driven by increased volumes from the petrochemicals sector, a state oil researcher said.

BAPCO expects to commission 400,000-bpd Sitra refinery in Q4

Bahrain's state oil firm Bapco Energies expects to commission its Sitra refinery expansion in the fourth quarter of this year, and will be looking to buy heavier crudes than it now runs and more LNG

Ukraine imports Indian-origin diesel fuel after loss of key refinery

The loss of Ukrainian oil refineries this summer has forced traders to compensate with imports, purchasing diesel fuel even from India, which imports a significant portion of its crude oil from Russia, an analyst said.

Ukraine says it attacks Russian refinery at Ryazan, oil depot at Luhansk

Ukraine attacked Russia's Ryazan oil refinery, the commander of its drone forces, Robert Brovdi, said on messaging app Telegram on Friday, as well as an oil depot in the occupied Luhansk region.

U.S. crude stockpiles rise as refineries begin maintenance

U.S. crude oil inventories rose last week as refineries headed into maintenance season, while gasoline stocks fell ahead of the long Labor Day weekend, data from the Energy Information Administration showed.

U.S. biodiesel and renewable diesel imports fall sharply in 2025 after tax credit change

U.S. imports of biodiesel and renewable diesel significantly decreased in the first half of 2025 compared with the same period in previous years. This decline is primarily due to the loss of tax credits for imported biofuels and generally lower domestic consumption of these fuels.

Europe distillates-diesel profit margins rise 5.7% on refinery maintenance

European diesel refinery profit margins rose by 5.7% on Tuesday, supported by upcoming maintenance at the region's largest oil refinery.

LyondellBasell optimizes refinery middle distillates production across multiple units with dynamic optimization application