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Europe

Russia resumes seaborne diesel exports after partially lifting ban

Russia, the world's top seaborne exporter of diesel just ahead of the United States, resumed exports of the fuel on after it lifted its ban on most fuel exports following a decline in domestic wholesale prices.

Unifeeder invests in four new methanol powered vessels

Unifeeder Group has signed a long-term time-charter agreement for two new methanol-capable container feeder vessels and has an option for additional two similar vessels.

Masdar and Boeing join forces to accelerate the SAF industry in the UAE and globally

Masdar is teaming up with aerospace company Boeing to propel the SAF industry in the UAE and globally with the partnership aiming to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.

China is swing factor in diesel’s global squeeze

As demand enters peak season, Xi’s ability to dictate how much Chinese oil companies export looks like the key swing factor.

Russia lifts ban on most diesel exports

Russia's government said it had lifted a ban on pipeline diesel exports via ports, removing the bulk of restrictions installed on September 21 while restrictions for gasoline exports are still in place.

Indonesia's Pertamina may seek new Tuban refinery partner due to Rosneft uncertainty

Indonesia may seek a new partner for state-run Pertamina's refinery project in Tuban, East Java, due to uncertainty over its partnership with Russia's Rosneft.

Neste's renewable fuel supports Outokumpu's Kemi mine in carbon neutrality goal

Outokumpu will replace the fossil fuels used by its Kemi mine and Tornio steel mill and the contractors on these sites with Neste MY Renewable Diesel.

Neste, ISCC, and DHL pilot credible sustainability traceability for SAF use

Neste, ISCC and DHL Group joined forces to pioneer and test a system through which airlines, logistics service providers and end customers such as corporates can credibly report the emission reduction achieved by using SAF to reduce their carbon footprint from air travel and transport.

Russia’s Lukoil lends Socar $1.5 B in deal to supply its Turkish STAR refinery

Private Russian oil producer Lukoil will lend Azeri state oil firm Socar $1.5 B as part of a broader deal that will allow Socar's 200,000-barrel-per-day Turkish STAR refinery to process Russian crude again.

Russia surpasses UAE as India's top naphtha supplier amid discounts

Russia has overtaken the UAE to become India's top naphtha supplier, data shows, as New Delhi takes advantage of discounted Russian oil products and the re-routing of trade flows in the aftermath of Moscow's Ukraine invasion.