Diesel Fuel

Fuels
Transportation
Regulation & Legislation

China Extends ULSD Mandate To Non-Road Diesel

China’s National Development and Reform Commission recently announced that it will extend National-V (10-ppm sulfur) limits to non-road diesel fuel nationwide in 2018, or one year after National-V ultralow sulfur diesel (ULSD) limits apply to highway vehicle fuel.

Transportation
Transportation
Regulation & Legislation
Fuels
Distillate Markets
Regulation & Legislation

US EPA/NHTSA Rules Could Boost Pickup, Van Fuel Economy 28% To 31%

The combination of existing “Phase 1” and upcoming “Phase 2” fuel economy and greenhouse-gas (GHG) standards hitting U.S. heavy-duty pickup trucks and vans could deliver an impressive 31% gain in fuel economy on gasoline-fueled versions and 28% for diesel-fueled versions, according to a new study.

Distillate Markets

Saras 1Q-2015 Refining Margins Soar; IGCC Steady

Italian oil major and integrated-gasification combined cycle (IGCC) power producer Saras announced that its first-quarter (1Q) 2015 corporate-wide adjusted net income rose to €54.5 million (US$62 million), up from a net loss of €40.4 million (US$46 million) in 1Q 2014.