Diesel Fuel

Distillate Markets
Transportation
Fuels

Indian Government Touts IOC, BPCL, HPCL Refinery Projects

India’s Ministry of Petroleum and Natural Gas revealed that state-owned Indian Oil Corp. Ltd. (IOC), Bharat Petroleum Corp. Ltd. (BPCL) and Hindustan Petroleum Corp. Ltd. (HPCL) all have a series of refinery upgrade projects now underway.

Fuels
Fuels
Transportation

Wärtsilä 2014 EBIT Rises 2% Year-On-Year

Marine and power-plant engines manufacturer Wärtsilä reported that its full-year 2014 earnings before interest and taxes (EBIT) rose 2% year-on-year (y-o-y), to €569 million (US$643 million), from €557 million (US$629 million) in 2013.

Technology
Fuels

Saras 2015 Refining Outlook Brightens

Italy-based Saras announced February 24 that its 2015 refining-margin outlook and its integrated gasification combined cycle (IGCC) power profits both are improving thanks to the crash in oil prices.

Fuels
Distillate Markets