Diesel Fuel

Distillate Markets
Regulation & Legislation

Shipping Owners Hail EU Parliament CO2-Monitoring Deal

The European Community Shipowners’ Associations (ECSA) on April 16 hailed a decision by the plenary session of the European Parliament on a monitoring, reporting and verification (MRV) scheme for regulating carbon-dioxide (CO2) emissions from ships calling at EU ports.

Distillate Markets

‘Diamond Green Diesel’ Wins CARB Nod

The staff of the California Air Resources Board (CARB) on April 14 recommended approval of a new greenhouse-gas (GHG) calculation for used cooking oil feedstock for the 10,000 barrel-per-day Valero/Darling International “Diamond Green Diesel” (DGD) joint-venture plant in Louisiana.

Regulation & Legislation
Distillate Markets

Red Leaf Progressing With Oil-Shale Permit Battles

Utah-based Red Leaf Resources—developer of the novel “Ecosphere” technology for relatively low-impact extraction of kerogen from oil shale—continues to make progress on obtaining permits to launch a commercial demonstration project aimed at producing more than 300,000 barrels of unconventional oil.

Distillate Markets
Distillate Markets

DPF Most Cost-Effective in 'Emerging Markets' - Report

A new report by the International Council on Clean Transportation for the World Bank found that employing diesel particulate filter retrofits in certain “emerging economy” markets can be a more cost-effective “green” strategy than converting fleets to compressed natural gas.

Regulation & Legislation
Distillate Markets

Unanswered Questions in Genoil-O.W. Bunker Fuel Desulfurization Scheme

Alberta-based Genoil will supply its gasification-based “GHU” hydrocracking technology to Denmark-based O.W. Bunker for a proposed refining project in Rotterdam that would produce a 0.1%-sulfur (maximum) marine bunker fuel as required in “emission control areas” including parts of Europe, North America and the Caribbean..

Distillate Markets

IEA Trims 2014 Global Oil Demand Growth Forecast

The International Energy Agency announced in its latest monthly Oil Market Report (released April 11) that it has trimmed slightly its 2014 global oil-demand forecast to 92.7 million barrels per day (bbl/d) – still up 1.3 million bbl/d year-on-year – “reflecting downward adjustments to the projection of Russian demand.”