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Diesel

OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'

The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.

Cargill to boost biodiesel production through acquisition of Granol's soy crushers in Brazil

The U.S. company last month announced a binding offer to buy the soy crushing plants as it looks to boost biodiesel production and expand operations in the world's biggest soy producer.

Global diesel shortage boosts prices

Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.

Putin says government did not act in time on high fuel prices

Russian President Vladimir Putin said in comments about high domestic fuel prices that the government had failed to react in time to the rising price of oil on global markets.

Gazprom says Astrakhan plant resumes diesel output

Russia's Gazprom said that its Astrakhan gas processing plant had resumed diesel output after maintenance works, Interfax reported.

'Say bye to diesel': India warns automakers of higher taxes in pollution fight

India's road transport minister on Tuesday said he will propose an additional 10% tax on diesel vehicles and warned automakers of even higher levies to come to force them away from diesel-burners and cut fuel emissions and pollution.

Gasoline, diesel vehicles dominate India's auto market, EVs lag

India's road transport minister warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies, setting alarm bells ringing in the world's third-largest car market.

Europe set for light autumn refinery maintenance as fuel markets tighten

European oil refiners are set to have an autumn maintenance season less busy than usual as they try to capture higher profit margins amid low fuel inventories and robust demand for gasoline and diesel.

India makes clean energy push at G20 with global biofuel alliance

India announced the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels.

Italy delays regional plan to limit diesel cars after protests

Italy's government postponed a plan by one of the country's most polluted regions to ban old diesel vehicles from towns and cities during working hours, an initiative that had sparked protests by motorists.