Diesel
Business Trends: Global refining overview—Part 2
<i>Hydrocarbon Processing</i> continues its series on the global refining industry.
Glencore unit to pay $27 million for biofuels compliance
Glencore’s bunker fuel unit has agreed to pay a $27 MM penalty and retire over $71 MM worth of credits for compliance with the US biofuels program to resolve charges it violated the policy.
ASTM seeks participants to develop cetane test method
ASTM International is welcoming participants to create the first constant volume combustion chamber test method that would measure the generic cetane number of diesel fuels.
Refinery maintenance eases diesel glut as Europe empties tanks
Traders are rapidly emptying diesel tanks in Europe's storage hub as refinery maintenance lowers global production, offering a brief respite for the heavily oversupplied market.
EIA: Propane exports drove 2016 US petroleum product export growth
In the first half of 2016, the US exported 4.7 MMbpd of petroleum products, almost 10 times the crude oil export volume, an increase of 500 Mbpd over the first half of 2015.
IndianOil and USTDA sign an agreement to promote cleaner fuels in India
The US Trade and Development Agency and IndianOil will jointly work to explore cleaner fuels.
Process disruption accelerates Neste's Porvoo refinery maintenance
Neste has begun maintenance at its Porvoo refinery early, due to a recent process disruption in a production line.
Chinese gasoil exports may hit Asia refiner margins for rest of year
Asian gasoil distillates refining margins are likely to remain bearish for the next few months on larger than usual exports from China.
Duonix Beatrice begins biodiesel production using ENSEL technology
Flint Hills Resources and Benefuel Inc. will startup the Duonix Beatrice biodiesel plant, the first commercial-scale application of Benefuel’s ENSEL technology.
API: Moving point of obligation does not fix the RFS
API Downstream Group Director Frank Macchiarola reminded policymakers that the Renewable Fuel Standard mandate needs to be repealed or significantly reformed.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
