Public Policy
Fuels & Processing
Distillate Markets

ICE ULSD Futures Volume Hits New Record

The Intercontinental Exchange (ICE) announced Oct. 15 that its ultralow sulfur diesel (ULSD) futures contracts (dubbed “ICE Low Sulfur Gasoil”) hit record trading volume on Oct. 14, with 67,110 contracts traded.

Electric Power

Companies Team Up on ‘Green’ CO2-Turbine Power Scheme

Texas-based energy-industry engineering giant CB/I announced Oct. 15 that it’s teaming up with U.S.-based power giant Exelon Generation, Japan-based Toshiba, North Carolina-based 8 Rivers Capital and NET Power on a $140-million “green” power demonstration, tapping supercritical carbon dioxide (CO2) to drive a turbine.

Transportation & Logistics
Regulation & Legislation

India Finally Deregulates Diesel Prices

Following years of price controls and tens of billions of dollars of losses suffered by oil refiners and the public treasury, India’s government on October 18 announced that domestic diesel-fuel prices will now be regulated by the free market rather than by politicians.