Diesel
Booming U.S. energy exports draw scrutiny as domestic fuel prices bite
U.S. exports of gasoline, diesel, crude oil, LNG, jet fuel and ethane all surged to record highs so far in 2026 as energy firms capitalized on the disruptions to Middle East shipments and catered to urgent orders from customers around the world.
Record U.S. biofuel targets to test biodiesel industry after slow year
To meet the record target, companies that process soybeans into biodiesel must boost production by over 60% this year. Some industry bodies and biofuel experts doubt they will succeed, yet failure could further stoke the rise in diesel prices.
South Korea, Australia agree to strengthen energy supply chain resilience
South Korea is a key energy partner of Australia as the largest supplier of diesel and third-largest source of jet fuel, Wong said. Australia is South Korea's largest source of liquefied natural gas (LNG).
Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets
The transaction comes after the company previously agreed to the deal in January, stating its intention to integrate key assets into its Humber Refinery operations.
Indian Oil Corp. says diesel, gasoline sales up more than 13% in Apr 1–21
IOC, India’s top fuel retailer and refiner, is meeting the local demand through its over 42,000 fuel stations.
Brazil to start tests for diesel blend containing 20% biofuel in May
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
- Vietnam receives first cargo of Congo Djeno crude for Nghi Son refinery 5/18
- Mexico's Pemex says brief fire at Olmeca refinery controlled, operations normal 5/18
