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Analysis: US crude draw expected to resume amid stronger refinery runs, exports

2 hours ago DieselGasoil Comments Off on Analysis: US crude draw expected to resume amid stronger refinery runs, exports
Highlights Crude stocks likely dip 3.1 million barrels to 437.4 million barrels Refinery runs edge up 0.2 points to 95% of capacity New USGC crude pipeline capacity narrows distillate cracks New York — US crude oil stock stocks likely declined last week amid an uptick in export activity and strong refiner demand, an S&P Global Read More

Refinery Margin Tracker: US margins rise as crude price drop mutes bullish IMO impact

3 hours ago DieselGasoil Comments Off on Refinery Margin Tracker: US margins rise as crude price drop mutes bullish IMO impact
New York — US margins got a boost from lower crude prices, while distillate cracks stubbornly remained range-bound as the countdown to IMO 2020 marches forward, an analysis by S&P Global showed Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Falling crude prices have skewed expected impacts of Read More

Macron lectures Putin on ‘right to protest’ amid own crackdown on Yellow Vests

4 hours ago DieselGasoil Comments Off on Macron lectures Putin on ‘right to protest’ amid own crackdown on Yellow Vests
Emmanuel Macron took the opportunity to tell Russia’s Vladimir Putin that a “true democracy” should treat protesters with respect. In France, anti-Macron protesters have been met with police batons for the past 40 weekends. The two leaders met ahead of the G7 summit, which Russia will not be part of, to talk about issues both Read More

US study to focus on leasing, not closing, portions of SPR: sources

5 hours ago DieselGasoil Comments Off on US study to focus on leasing, not closing, portions of SPR: sources
Highlights Study was originally expected late last year US negotiating with Australia on leasing SPR space Closure of SPR site no longer under consideration Washington — An ongoing US Department of Energy study on the future of the Strategic Petroleum Reserve is expected to recommend leasing unused portions of the reserve, rather than closing one Read More

Hibernia production halted again following spill

7 hours ago DieselGasoil Comments Off on Hibernia production halted again following spill
8/19/2019 ST. JOHNS, NEWFOUNDLAND – Shortly after 21:00 on Saturday, August 17, 2019, the Canada – Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB) was notified of an incident at the Hibernia platform where, as a result of the loss of main power generation, the facility experienced a discharge to sea when its deluge system inadvertently Read More

Refinery news roundup: Autumn turnarounds set to start in Europe

10 hours ago DieselGasoil Comments Off on Refinery news roundup: Autumn turnarounds set to start in Europe
London — Planned refinery turnarounds in Europe have been building up, with several sites planning works in September. Meanwhile, news has focused on quarterly results. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Total said that its H1 and Q2 refinery runs were down as a result of “the Read More

U.S. oil export race accelerates as Enterprise makes leap ahead

13 hours ago DieselGasoil Comments Off on U.S. oil export race accelerates as Enterprise makes leap ahead
By Sheela Tobben on 8/19/2019 NEW YORK (Bloomberg) – The race to develop oil terminals that can fully load supertankers on the U.S. Gulf Coast remains congested, even as one of North America’s largest pipeline operators decided to push its project ahead. Over a year, more than 10 projects have been proposed for terminals that, Read More

Poles wade through Baltic ‘like herrings’ to commune with the sea

1 day ago DieselGasoil Comments Off on Poles wade through Baltic ‘like herrings’ to commune with the sea
People take part in the annual event called “Marsz sledzia” (the Herring March), marching a 12km route through the shallow waters of the Baltic Sea from Kuznica on Hel Peninsula to the town of Rewa on the other side of Puck Bay, Poland, August 17, 2019. REUTERS/Matej Leskovsek KUZNICA, Poland (Reuters) – Once a year, Read More

Stranded migrants jump off rescue boat to try to reach Italy

1 day ago DieselGasoil Comments Off on Stranded migrants jump off rescue boat to try to reach Italy
Migrants on a humanitarian ship off the Italian coast had to be chased down after they jumped into the sea in a desperate attempt to reach land. Four of them put on life jackets and jumped into the water as two crew members swam after them and brought them back to the boat. It comes Read More

Ferrari will expand its lineup of road cars, but not too much

2 days ago DieselGasoil Comments Off on Ferrari will expand its lineup of road cars, but not too much
FILE PHOTO: FCA Chairman John Elkann is seen before an event at the Bocconi University in Milan, Italy May 27, 2019. REUTERS/Alessandro Garofalo PEBBLE BEACH, Calif. (Reuters) – Italian premium sports car maker Ferrari NV (RACE.MI) will expand sales of easier-driving grand touring cars, but will not try to chase rival Porsche’s annual sales volume, Read More