Diesel
Thailand cabinet extends tax cuts on diesel to help with cost of living
Thailand's cabinet agreed to extend an excise tax cut on diesel for another two months to July 20 to help reduce the costs of living.
Corteva, Bunge, Chevron partner to produce renewable fuels
Chevron is collaborating with agribusiness firms Corteva and Bunge to produce renewable fuels from canola crops.
Targray opens new diodiesel terminals in Oregon
Targray, a leading international supplier of renewable fuels and feedstock, has announced the opening of two new biodiesel fuel terminals in Oregon.
Eni to supply biofuels to Italian logistics group
Eni has signed a two-year contract with Italy's Spinelli to power the company's trucks with diesel fuel produced from 100% renewable raw materials.
Citgo Petroleum posts record $2.8 B profit for 2022
Refiner Citgo Petroleum Corp reported record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' listed capacity.
Indian fuel demand in February was the highest in 24 yr
India's fuel demand hit its highest level in at least 24 years in February, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil.
Russia exporting diesel to Saudi via STS loadings
Russia is ramping up its diesel supplies to Saudi Arabia using ship-to-ship (STS) loadings in addition to direct supplies.
New Petrobras CEO discussed the future of Brazilian oil/gas and fuels industry with other sector partners
Petrobras’ CEO, Jean Paul Prates, took advantage of the presence of the leaders of the largest energy companies on the planet at CERAWeek, in Houston, Texas (USA), to promote the importance of joint actions by the industry both in renewable energy projects and in initiatives for better use of oil and gas reserves.
ABB wins automation contract for Cerilon’s first GTL plant
ABB will supply front-end design services, including automation and digital solutions for $2.8 billion gas-to-liquids facility.
Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated
Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said.
- 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
