Diesel
Red Sea worries cause spike in refined fuel prices, but market will adjust
The main impact from the escalating tensions in the Middle East and the threat to ships transiting the Red Sea isn't on crude oil prices, but rather on the heightened vulnerability of refined fuels.
Tanker with Russian diesel to discharge at the port of Venezuela
Sea Maverick with about 33,000 metric tons of ultra-low sulfur diesel loaded at the end of December 2023 at the Russian Baltic port of Primorsk is discharging at the El Palito port in Venezuela.
France drops plan to decrease farmers' diesel discount but protests to continue
The French government dropped plans to gradually reduce state subsidies on agricultural diesel but that seems not enough for angry farmers surrounding Paris and still threatening to converge on the capital in their tractors.
Mexico president admits fuel production still short to reach energy self-sufficiency
Mexico will be short of the fuel it needs to meet President Andres Manuel's Lopez Obrador goal of energy self-sufficiency when his term ends this year, he said during a recent press conference.
France drops plan to decrease farmers' diesel discount as tractors surround Paris
The French government dropped plans to gradually reduce state subsidies on agricultural diesel as angry farmers surrounded Paris and threatened to converge on the capital in their tractors.
India expects fuel demand to grow 2.7% in the next fiscal year
India's fuel consumption is expected to rise 2.7% in the next fiscal year beginning on April 1, initial government estimates showed.
Acelen Renewables selects Honeywell for SAF and renewable diesel fuel production
Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 bpd of SAF and renewable diesel.
Russia's Novatek resumes fuel loadings at damaged Ust-Luga terminal
Russian energy company Novatek resumed fuel loadings at its Baltic Sea Ust-Luga terminal, damaged in a suspected drone attack.
Two-day strike to hit output, delivery from Neste oil refinery
A planned two-day strike action by Finnish industrial workers early next month will hit output and supply from Neste's oil refinery in Finland.
Topsoe selected as technology provider for Preem’s renewable fuels plant in Sweden
Topsoe signed a licensing and engineering agreement with Preem, Sweden’s largest fuel company, to produce SAF and renewable diesel, using Topsoe’s HydroFlex technology.
- Nigeria's NNPC partners local firm on new 100,000 bpd refinery 4/25
- Stranded cargo shows credit challenges at Nigeria's Dangote refinery 4/25
- Low U.S. distillate consumption reflects slow economic activity and biofuel substitution 4/25
- Clariant catalysts reduce customers’ footprints by 40 million tons of CO2e in 2023 4/25
- Singapore fuel oil stockpiles hit 20-week lows 4/25
- BASF with solid start to the year: EBITDA before special items in first quarter of 2024 slightly above analysts’ consensus 4/25
