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EUROPE DIESEL SUPPLY
India emerges as key diesel supplier to Europe as Russian, US flows falterIndia now supplies sixty percent of diesel transiting Bab-el-Mandeb to Europe. Russian diesel exports remain severely constrained due to on...- In 2018, ACS Energy researchers studied cashew nut shell liquid as a potential diesel alternative; the biofuel may be used in compression-ignition engines after blending or processingCashew nut shells hold a remarkable oil, called CNSL, which can be utilized to fuel engines. This renewable resource presents a sustainable...
- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
- Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- Reliance Industries books supertanker at record $23-25 million freight to lift Iraqi crudeReliance Industries paid a record sum to charter a supertanker for Iraqi crude oil. This reflects a limited vessel pool and soaring voyage ...
- Jet fuel made from tropical fruit gets $3 billion backingResearchers in Brazil are pioneering the use of macauba palm oil as a sustainable aviation fuel alternative. This groundbreaking project fo...
- Big Oil profits surge as Iran war keeps energy prices elevatedEuropean and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four p...
- India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- Stocks in news: Maruti Suzuki, ITC, Vedanta, Swiggy, RILIndian markets traded in a narrow range, settling marginally higher with mixed cues. Maruti Suzuki, ITC, and Vedanta shares are in focus du...
- Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
- America is making the most fuel since pre-covid. It’s not enoughAmerican refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...
- Shocking Discovery: 300 WWII bombs found at former Athens airport site during massive redevelopmentNearly 300 World War II bombs and hazardous materials were found during soil cleanup. Oily waste from decades of airport operations also re...
- Over 2,000 years ago, ancient Chinese miners invented deep percussion drilling to extract salt, creating downhole engineering innovations that modern energy industries still depend on todayOver 2,000 years ago, ancient Chinese miners faced a crisis. They desperately needed salt to preserve food. But rich brine sat hundreds of ...
- Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
- JPMorgan warns super El Niño and oil shock could prop up global inflationA potential "super" El Niño, combined with elevated energy prices, could push global inflation higher next year, with emerging markets faci...
- Cutting off Red Sea oil route may be one crisis too manyThe Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
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