Diesel Fuel

Fuels
Distillate Markets
Regulation & Legislation
Regulation & Legislation

US Appeals Court Upholds CARB Mandate

The Ninth U.S. Court of Appeals has dismissed a trucking group’s lawsuit challenging the California Air Resources Board (CARB) mandate effectively requiring diesel particulate filter retrofits or engine upgrades in order to slash air pollution.

Transportation
Transportation
Distillate Markets

OMV Refining Margins Rise

Austria-based OMV reported that because of a hefty crude oil inventory-valuation charge, its full-year 2014 downstream division posted a loss of €250 million (US$283 million) as measured by EBIT, down from €658 million (US$745 million) EBIT profit in 2013.

Fuels
Transportation
Fuels