Diesel
bp plans to sell its mobility and convenience business in Austria
bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
China's Rongsheng Petchem opens Canada office, buys crude from Suncor
China's Rongsheng Petrochemical, China's largest independent refiner with capacity of 40 MMtpy or 800,000 bpd, has opened an office in Canada to buy Canadian crude and made its first purchase from local producer Suncor Energy.
Saudi Aramco looks to invest in Indian refineries
Saudi Aramco is in talks to invest in two planned refineries in India as the world's top oil exporter looks for a stable outlet for its crude in the world's fastest-growing emerging market
U.S. biodiesel use increases outside of the transportation sector
A small but increasing amount of biodiesel in the U.S. is consumed in the residential, commercial, and electric power sectors, according to new estimates now published in the U.S. EIA's State Energy Data System.
Glencore's South African refinery invests in cleaner fuels
Astron Energy, a unit of global commodity trader Glencore, will invest up to 6 B rand ($328 MM) to install new equipment and become compliant with South Africa's cleaner fuel specifications ahead of a 2027 deadline.
U.S. crude stocks, gasoline and distillate inventories fall
U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration (EIA) said on Wednesday.
Brazil's diesel imports rise with Petrobras above parity
Brazil's diesel imports in March exceeded the same month in 2024, as Brazil's state-run oil firm Petrobras sold the raw material for several days at prices above import parity.
ExxonMobil challenges Colonial Pipeline on proposed changes to fuel shipping terms
ExxonMobil asked regulators to block changes proposed by Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers and consumers, a filing with the U.S. Federal Energy Regulatory Commission (FERC) showed.
EIA: U.S. crude imports from Canada fall to 2-yr low after tariff developments
U.S. crude imports from Canada fell to the lowest in two years as U.S. net crude imports also sank, after President Donald Trump's administration imposed tariffs on imported crude from its northern neighbor.
China's January–February refinery output up 2.1% on holiday travel, new refinery
China's crude oil throughput in January and February rose 2.1% vs. a year earlier, official data showed on Monday, supported by a new refinery and holiday travel, but weak refining margins persisted.
- 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
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 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
