Diesel
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.
Pin Oak Terminals opens multi-product liquid marine terminal
Pin Oak Terminals, LLC opened the new multi-product liquid marine terminal at Pin Oak’s site in Mt. Airy, Louisiana. This is following key investment from Mercuria Energy Group Ltd. in the previous months.
German green group to pursue diesel bans as agreed steps inadequate
BERLIN (Reuters) — German efforts to overcome a diesel scandal were dealt a blow on Tuesday after prosecutors widened a Volkswagen probe and a key environmental group said steps proposed by automakers to cut pollution remained inadequate.
UFF to use Neste renewable diesel in its logistics chain
Neste MY Renewable Diesel, produced entirely from waste and residues, will reduce the amount of greenhouse gas emissions produced in UFF's logistics chain. UFF is an organization that recycles clothing for non-profit purposes, and the organization's logistics chain covers the whole of Finland. In collecting clothes for recycling and reuse, UFF clocks up about 800,000 km–900,000 km annually with its own vehicles.
KMGI to expand petrol station network in Romania, Bulgaria once legal issues resolved
BUCHAREST (Reuters) — Oil refiner KMG International(KMGI) wants to open more petrol stations in Romania and Bulgaria and is on the lookout for acquisitions in central Europe once its legal problems are resolved, a company executive told Reuters.
Australia antitrust regulator raises flags on BP Woolworths petrol buyout
(Reuters) — Australia's antitrust regulator said on Thursday it was concerned BP Plc's plan to buy the petrol stations of grocery giant Woolworths Ltd would hurt competition, a sign it may block the $1.4 B deal.
EIA: Seasonality of US distillate consumption, stock levels declining
Changes in demand trends, trade patterns, and fuel specifications have significantly reduced the role of traditional seasonal factors in driving US distillate markets. Historically, distillate use in the United States was highly seasonal because of its use as a home heating fuel. In recent years, use of distillate as a heating fuel has decreased significantly, while its use as a transport fuel has remained relatively flat.
Sempra Energy's IEnova Unit, Valero sign contracts for liquid fuels projects in Mexico
SAN DIEGO — Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), signed long-term contracts with a subsidiary of Valero Energy Corp. for the storage capacity of the liquid fuels marine terminal to be constructed in Veracruz and two inland storage facilities to be constructed in Puebla and Mexico City.
Brazil court issues injunction suspending fuel tax hike
SAO PAULO (Reuters) — A Brazilian federal court in Rio de Janeiro state issued an injunction late on Thursday suspending a tax hike on fuels, saying the government decision is unconstitutional.
- Studi Tecnologie Progetti S.p.A. signs agreement to upgrade Attock refinery in Pakistan for $600 MM 7/1
- Maire's NEXTCHEM awarded engineering contract for Pacifico Mexinol's $3.3-B, 2.1-MMtpy low-carbon methanol project 7/1
- BASF closes purchase of DOMO Chemicals’ shares in Alsachimie JV 7/1
- deugro completes another equipment shipment for INEOS' Project One project in Belgium 7/1
- Shell renews contract with Cyberhawk, enabling a global visualization and data integration platform across its portfolio 7/1
- HyOrc and Acetech partner to develop waste-to-green methanol facility in the UK 7/1
