Tag Archive

Neste MY Renewable Diesel launched in Latvia

Neste MY Renewable Diesel launched in Latvia

November 14, 2018 No Comments

Latvia’s leading network of automatic filling stations, has launched Neste MY Renewable Diesel™ for the Latvian transport market. It is produced from 100% renewable raw materials and enables up to 90% less greenhouse gas emissions compared to conventional fossil diesel. The product is available at the Neste filling station at 84 Ulmaņa gatves Street in […]

Neste MY Renewable Diesel launched in Sweden

Neste MY Renewable Diesel launched in Sweden

November 7, 2018 No Comments

Neste is launching Neste MY Renewable Diesel for the Swedish transport marketIt is made from 100% renewable raw materials and emits up to 90% less greenhouse gas emissions compared to conventional fossil diesel. With 2.7 million tons, Neste is responsible for the majority of total renewable diesel production globally. Neste MY Renewable Diesel reduced climate […]

New car registrations in UK, down 2.9% year-on-year in October

New car registrations in UK, down 2.9% year-on-year in October

November 5, 2018 No Comments

The UK new car market declined again in October, with 153,599 vehicles registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Deliveries fell by -2.9% in the month, as model changes and backlogs at test houses conducting tough new WLTP emissions certification continued to cause shortages across some brands. […]

Chevron Reports 3rd Quarter Net Income of $4.0 Billion

Chevron Reports 3rd Quarter Net Income of $4.0 Billion

November 2, 2018 No Comments

Chevron Corporation (NYSE: CVX) today reported earnings of $4.0 billion ($2.11 per share – diluted) for third quarter 2018, compared with $2.0 billion ($1.03 per share – diluted) in the third quarter of 2017. Included in the current quarter were a write-off, an asset impairment, and a non-recurring contractual settlement totaling $930 million in the […]

ExxonMobil to Produce High-Value Transportation Fuels

ExxonMobil to Produce High-Value Transportation Fuels

October 31, 2018 No Comments

ExxonMobil said today that it has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. The new 50,000 barrel-per-day unit expands the refinery’s capacity to meet demand for cleaner transportation fuels throughout northwest Europe. The company’s […]

Is A Diesel Crunch Coming?

Is A Diesel Crunch Coming?

October 29, 2018 No Comments

The new ship fuel regulations coming into force at the start of 2020 are set to create an initial confusion on the refining market and crude oil and oil product trade flows, analysts and industry experts say. We are now just 14 months away from January 1, 2020—the start date which the International Maritime Organization […]

NNPC reports Oil and Gas Export Sales Up 35% to $416m

NNPC reports Oil and Gas Export Sales Up 35% to $416m

October 5, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month. Details of the figures contained in the June 2018 edition of the Monthly NNPC Financial and Operations Reports, released today also indicated that […]

Another U.S Neste MY Renewable Diesel Convert

Another U.S Neste MY Renewable Diesel Convert

August 6, 2018 No Comments

Vista Unified School District (VUSD), a public school district based in San Diego County, California, has switched its fleet of 53 school buses to run on Neste MY Renewable Diesel™. VUSD is the 4th largest school district in San Diego County and is comprised of 32 schools with diverse educational programs that range from kindergarten […]

U.S. Fed Is Driving Down Oil Prices

U.S. Fed Is Driving Down Oil Prices

June 20, 2018 No Comments

The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the dollar to a […]

Neste MY Renewable Diesel Gets New California Customer

Neste MY Renewable Diesel Gets New California Customer

May 23, 2018 No Comments

The City of San Leandro, a suburban city in Alameda County, California, has switched all municipal vehicles from using petroleum diesel to only running on Neste MY Renewable Diesel™. Neste MY Renewable Diesel is a low-carbon diesel fuel produced from 100% renewable raw materials. This premium diesel cuts greenhouse gas emissions by up to 80% […]

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