Diesel Fuel

Fuels
Regulation & Legislation

Tax-Extender Package Clears Final Hurdle in U.S. Senate

By a 76 to 16 vote, the U.S. Senate on Dec. 16 cleared a $41.6-billion package of tax breaks that the House of Representatives passed earlier this month, clearing the path for President Barack Obama to sign into law in a lame duck session that’s preparing to usher in a new Congress next year.

Fuels
Distillate Markets

EU Commission OKs Acquisition of Statoil Aviation Fuel Operations

The European Commission announced Dec. 15 that it has approved BP’s acquisition of Statoil Fuel and Retail Aviation (SFRA) of Norway—provided that BP divest the SFRA operations at Stockholm, Malmö, Gothenburg (all in Sweden) and Copenhagen (Denmark) airports.

Regulation & Legislation

French Automakers: Restrict Old Diesels, Not New Diesels

The French automakers association Comité des Constructeurs Français d’Automobiles (CCFA) on Dec. 12 asked Paris Mayor Anne Hidalgo to revise her proposed ban on all diesel vehicles in the capital by 2020 (see Hart Energy’s DownstreamBusiness.com on 12/08/2014).

Distillate Markets

Petrobras Discloses Partial 3Q 2014 Results; Diesel Sales Rise

Petrobras announced Dec. 12 that while a bribery scandal involving former downstream director Paulo Roberto Costa has prevented completion of a full financial report for its third-quarter (3Q) 2014 (see Hart Energy’s DownstreamBusiness.com on 11/25/2014), it has decided to release partial results.

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