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Diesel

China's Sinopec, Jiangxi Copper set up fuel retail JV

BEIJING (Reuters) — Jiangxi Copper Corp said on Wednesday it would set up a joint venture with the Jiangxi region branch of Chinese refining giant Sinopec to market oil products in the southeastern province of the country.

Florida braces for second fuel supply hit as Hurricane Irma approaches

(Reuters) — Fuel distributors and traders in Florida braced for a second supply shock as Hurricane Irma barreled toward the state on the heels of disruptions from Hurricane Harvey in Texas.

Scotland aims to phase out new petrol, diesel cars by 2032

EDINBURGH (Reuters) — Scotland plans to phase out new petrol and diesel cars by 2032, eight years earlier than under proposals set out by the London government, Scotland's First Minister Nicola Sturgeon said on Tuesday.

Indonesia's Pertamina receives first license to export gasoil

SINGAPORE/JAKARTA (Reuters) — Indonesia's Pertamina has received a license from the government to export gasoil for the first time, three sources close to the matter said on Monday, although the state oil company is planning to prioritize domestic sales if possible.

India starts exporting diesel to Myanmar

NEW DELHI (Reuters) — India has started exporting diesel to Myanmar via a land route, in a boost to Prime Minister Narendra Modi's pledge to enhance hydrocarbon trade with neighboring countries.

Storm Harvey opens up rare jet fuel exports from Europe to US

LONDON (Reuters) — Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.

China's July gasoline exports rose to third-highest level since 2000

BEIJING (Reuters) — China's gasoline exports in July rose 5.9% from a year ago to the third-highest monthly level since at least 2000 while diesel exports remained high, customs data showed on Wednesday.

Kazakhstan may lift ban on gasoline, diesel fuel exports in January

ASTANA (Reuters) — Kazakhstan may lift a ban on the export of gasoline and diesel fuel a year earlier than planned to help local refineries increase profits after spending heavily on equipment upgrades, Energy Minister Kanat Bozumbayev said on Monday.

Diesel still needed to meet climate goals, Merkel says

BERLIN (Reuters) — German Chancellor Angela Merkel warned on Sunday against a swift abandonment of diesel cars after a series of emissions scandals, saying the fuel is still needed if climate change targets are to be met.

ESAI Energy: IMO sulfur content cap will destroy fuel oil demand

In its recent 5-yr outlook on petroleum products, ESAI Energy examines the implementation of the International Marine Organization’s (IMO) 0.5% sulfur content cap on bunker fuels, which is slated to take effect globally in 2020.