Diesel
HP Brief
Centrica signs long-term North American LNG export contract with CheniereCentrica has an agreement with Cheniere Energy Partners to purchase 89 billion cubic feet of annual liquefied natural gas (LNG)..
HP Impact: Global oil flows shift from West to East
By 2020, crude oil trade flows west of Suez will drop by 4.2 MM bpd, while crude flows east of Suez will rise by 4.7 MM bpd (Fig. 1), according to a recently published report from ESAI Energy. The pri..
HP Impact: UK consumers buying less fuel at the pump
In the last 10 years, average UK fuel prices have almost doubled, rising from 73.68 p/l to 136.26 p/l for unleaded gasoline, and 75.57 p/l to 142.39 p/l for diesel. The latest retail marketing survey,..
Chinese drivers pushing up gasoline consumption as diesel use plateaus
Gasoline is gaining market share as more Chinese buy private vehicles, which mostly run on gasoline. Diesel-fueled cars are a rarity in China, as government policy has often discouraged diesel use for private transportation. Gasoline consumption growth has gradually eclipsed diesel's in recent years.
Global diesel prices likely to weaken in 2014 with startup of Jubail refinery
In product markets, the new refinery will add to the supply of clean diesel in Saudi Arabia and Europe -- markets typically supplied by India. Since Indian refiners export diesel to so many markets, the appearance of this competing supply source may have bearish consequences for global diesel prices.
Evaluate challenges in meeting clean-fuel specifications with heavier crude
At a Saudi Aramco refinery, a revamp was planned for processing a different crude oil blend to meet Euro 5 diesel and gasoline specifications. The refinery, which processes semi-light crude oil, is sc..
Chevron recovers less oil than first expected from Utah diesel pipeline leak
Chevron is dealing with the fallout of the March 18 leak, which resulted in 600 bbl of diesel from its refinery in Salt Lake City spilling into marshes close to a freshwater lake in Willard Bay State Park. The company has to date recovered 354 bbl, down from the 500 bbl it said it had collected Friday.
US lawmakers scrutinize role of ethanol credits in gasoline price spike
The price of credits used by refiners to meet federal ethanol blending requirements has risen more than 1,000% in recent weeks. The heightened volatility in this normally sleepy market has raised concerns that it is a factor in the recent rise in the price of gasoline.
FedEx truck fleets to shift to natural gas from diesel
In an interview with The Wall Street Journal, CEO Frederick W. Smith said he expects between 5% and 30% of US long-distance trucking to be fueled by compressed or liquefied natural gas over 10 years, as the cost of the trucks declines and fueling stations become more common.
Improve benzene control
The US Environmental Protection Agency (EPA) issued the Mobile Source Toxics (MSAT) Rule on February 26, 2007 (40 CFR Parts 59, 80, 85 and 86). This rule required refiners to reduce the average benzen..
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
