Diesel
Phillips 66 on track to achieve full renewable diesel production at Rodeo facility
Independent U.S. oil refiner Phillips 66 said it is in the final stages of converting an oil refinery in California into a renewable fuel plant with a capacity of 50,000 bpd by the end of the second quarter of 2024.
Nigeria's Dangote refinery supplies petroleum products to local market
Nigeria's Dangote oil refinery started supplying petroleum products to the local market, a company executive and fuel marketing associations said, a major step in the country's quest for energy independence.
Petroperu announces stoppage at unit at Talara refinery
Peru's state oil firm Petroperu announced the stoppage of a key unit at its recently modernized Talara refinery through the end of June, due to power supply failures and operational problems which had been ongoing since early February.
U.S. petroleum product exports set another record high in 2023
Petroleum product exports from the U.S. averaged a record 6.1 MM bpdy in 2023, an 2.5% increase from 2022, according to EIA's Petroleum Supply Monthly.
Greece arrests member of gang that raked in $21 B from fuel-product smuggling
Greek authorities have arrested a senior member of an international gang that smuggled Latin American fuel products for illegal sale around the world, raking in an estimated profit of more than $21 B.
Russia's Novak says there's no need for diesel export ban
There is no need for Russia to ban exports of diesel to tackle rising prices and possible shortages of the fuel after drone attacks reduced refining capacity.
Vietnam's largest refinery to boost operating capacity by 15%-20%
Vietnam's largest refinery Nghi Son said it will boost its operating capacity by 15% to 20% in order to ensure stable supplies.
Russian domestic fuel supply up in March
The Russian energy ministry said that domestic gasoline and diesel daily supplies have increased by 13,000 metric tons and 15,500 tons respectively in March so far from February.
PetroChina's 2023 net income up 8.3% on strong fuel, gas sales
PetroChina's net profit rose 8.3% last year off record levels in 2022, as strong growth in natural gas sales and its marketing segment offset lower realized oil prices.
U.S. eases tailpipe rules, slows EV transition through 2030
The Biden administration slashed its target for U.S. electric vehicle adoption from 67% by 2032 to as little as 35% after industry and autoworker backlash in the political battleground state of Michigan.
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- 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
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- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries