Diesel
EIA: US biodiesel production still increasing despite expiration of tax credit
Through the first nine months of 2017, US biodiesel production levels were slightly higher than 2016 levels, despite the expiration of a federal biodiesel blender's tax credit at the end of 2016.
Tankers gather off PDVSA ports amid delays exporting fuel oil
HOUSTON (Reuters) — An accumulation of tankers waiting to load around Venezuelan ports has grown in recent days as state-run oil company PDVSA struggles to deliver fuel oil for exports, according to traders and Reuters vessel tracking data.
Fuel shippers seek US review of 'excessive' Colonial Pipeline rates
NEW YORK (Reuters) — Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the US energy watchdog about fees Colonial Pipeline charges to ship gasoline, diesel and jet fuel over its fuel network, the country's largest.
First Mobil-branded service stations to open in Mexico
SANTIAGO DE QUERÉTARO, Mexico — ExxonMobil announced a partnership with retailer Grupo Orsan to open eight Mobil-branded service stations this week in Querétaro as part of the company’s entry in Mexico’s fuels market. ExxonMobil plans to open 50 Mobil stations in the Bajio region by the end of 1Q 2018.
US confirms duties on Argentine, Indonesian biofuel
CHICAGO (Reuters) — The US International Trade Commission (ITC) on Tuesday made a final finding that biodiesel imports from Argentina and Indonesia harm US producers, ensuring that anti-dumping and anti-subsidy duties remain in effect for at least 5 yr.
Tri Delta transit to use Neste biodiesel
Tri Delta Transit, an Eastern Contra Costa County Transit Authority in California, has switched their entire fleet of transit buses from operating on petroleum diesel to using only Neste MY Renewable Diesel.
Nigerian motorists queuing for fuel told there are no shortages
ABUJA (Reuters) — Nigeria’s state oil company assured motorists on Tuesday there was no shortage of petrol and urged them not to engage in panic buying after long queues built up at filling stations.
South Africa to hike petrol, diesel prices in December
JOHANNESBURG (Reuters) — The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weaker rand currency and higher crude oil prices, the energy department said on Monday.
Refining: What is blending?
Not a day passes without publications, the blogosphere and pundits wringing their hands over the concept of fuel blending. In today’s low-priced crude oil market, the fuel blending business gives blenders a competitive edge that grows every day, attracting new customers and potential new producers intrigued by the possibility of making “easy” money.
Industry Metrics
The US saw solid product demand, despite a decline following the end of the driving season, and reduced scheduled maintenance lent some support.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
