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EIA expects continued high prices for diesel and home heating oils

Green Car Congress

The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. US distillate fuel inventories average 17% below the five-year average in the forecast for 2023.

Oil 334
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Cummins high horsepower diesel generator sets now approved for use with hydrotreated vegetable oil fuel

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announced approval of its entire line of diesel generator sets for use with paraffinic fuels (EN15940), including hydrotreated vegetable oil (HVO), when used in standby applications. It has a very low life cycle carbon emission, making it attractive as a sustainable fuel. Cummins Inc.

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EIA: biofuels are displacing petroleum-based distillate fuel oil consumption on the West Coast

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Consumption of distillate fuel oil in the US West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year, according to the latest “This Week in Petroleum” report from the US Energy Information Administration (EIA).

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Marathon Petroleum, ADM to form soybean oil JV to support renewable diesel production

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MPC) and ADM announced an agreement to form a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel. When complete in 2023, the Spiritwood facility will source and process local soybeans and supply the resulting soybean oil exclusively to MPC. Marathon Petroleum Corp.

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Volkswagen fueling car carriers with fuel derived from used cooking oil; GoodFuels BFO

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Volkswagen Group Logistics will be using certified fuel from vegetable residues for certain new car shipments via marine routes. The fuel is produced from materials such as used oil from restaurants and the food industry. We are the first automaker to make widespread use of this fuel.

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EIA: China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

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China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). According to China’s National Bureau of Statistics, China processed a record 14 million barrels per day (b/d) of crude oil in 2021, a 4.6%

Oil 370
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Diamond Green Diesel to more than double renewable fuel capacity using second Honeywell Ecofining unit; 675M barrels renewable diesel per year

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Diamond Green Diesel facility in Norco, La., will more than double its annual production of renewable diesel with the completion of a second Honeywell Ecofining process unit with a capacity of 30,000 barrels per day (bpd). Diamond Green Diesel is owned by Valero Energy Corp. and Darling Ingredients Inc., Ecofining unit.

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