Refining
India's fuel demand increases more than 6% y-o-y
According to the country's Petroleum Planning and Analysis Cell, India's fuel consumption rose by 6.1% year-on-year in April.
Asian refiners eye output cuts due to diesel surplus
Asian refiners are considering cuts to refined fuel output in the coming months, with some already trimming production in May, after excess diesel supplies squeezed profits.
Kazakh refinery to export gasoline made from Russian oil
Kazakhstan and Russia have allowed Kazakh refinery Condensat to export 225,000 t of gasoline this year that will be produced from naphtha supplied by Russia's Tatneft.
Shell to exit South Africa's downstream businesses
Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions.
Iraq increases domestic refining capacity by 360,000 bpd within the past year
Iraq's Minister of Oil announced that Iraq's domestic refining capacity increased by 360,000 bpd within the last year, moving closer to achieving the country's goal of self-sufficiency in domestic fuels production.
UAE's Mubadala Capital plans $13.5-B biofuels investment in Brazil
Mubadala Capital, a subsidiary of Abu Dhabi's Mubadala Investment Company, is planning a $13.5-B investment in Brazil's biofuels sector over the next decade.
Liquid Wind's second eFuel facility granted environmental permit
FlagshipTWO, Sweden's second large-scale production facility of green electrofuel (eMethanol), has received the environmental permit for its planned operations in Sundsvall, Sweden.
Singapore Airlines Group orders sustainable aviation fuel from Neste
Neste and the Singapore Airlines Group have signed an agreement for the purchase of 1,000 tons of Neste MY Sustainable Aviation Fuel.
U.S. admin sets path for ethanol aviation fuel subsidies
The Biden administration (U.S.) has unveiled guidance for its sustainable aviation fuel (SAF) subsidy program, allowing corn-based ethanol to qualify if sourced from farms using climate-friendly techniques.
Ryazan refinery (Russia) hit by drone strike
A fire broke out due to a drone strike at a primary oil refining unit of the Ryazan refinery operated by Russia's Rosneft.
- Shipping major and GCMD to pilot FAME-VLSFO marine biofuel bunker fuel in Singapore 5/9
- Diesel profit margins decline amid lower demand, more capacity 5/9
- World Energy and Boston Consulting Group sign agreement on SAF certificates 5/9
- Analysis: Chandra Asri purchase of Shell Singapore refinery brings scale, risk 5/9
- New $1.5-B natural gas pipeline to provide feedstock to Dow's petrochemicals plant and other industrial facilities 5/8
- Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC 5/8
