June 23, 2008
Volume: 12
Issue: 13
Top Stories
Special Report: New IEA Study to 2050 Shows Likely Fuel, Technology Winners & Losers
If World Running Out of Hydrocarbons, then Why CO2 Legislation?
World Middle Distillate Consumption Up 1.2%: BP Report
Around the world of Diesel
India’s Oil Companies Moving to Avoid Government Price Controls on Diesel Fuel:
Petrobras Boosting ULSD Capacity with New Refinery Projects:
Axens Hydrocracker Enables Lukoil Bulgaria Refinery to Produce Euro-5 (10-ppm sulfur) Diesel:
Cummins Extends Big-Bore Diesel Engine Supply Deal with Navistar International:
Audi Diesel Race Cars Win 3rd Straight LeMans Competition:
Albemarle Boosts Prices on Biodiesel Antioxidant Additive:
China’s Diesel Price Controls Thwart Emergence of Diesel Passenger Vehicles:
NuStar Mulling ULSD Project at New Jersey Refinery:
Toyota Boasts of Joint R&D on Refinery Hydrotreated Biodiesel & BTL Diesel Fuel:
Nissan Shows-Off Clean-Diesel SUV; Diesel ‘Maxima’ Seen Heading for U.S. Market in 2010:
Toyota Expanding ‘STM’ Diesel Engine Plant in Thailand:
Caltex, BP, Shell Boost Diesel Cargoes to W. Australia Following Explosion:
Tyson Foods Reports Progress on ‘Renewable Diesel’ With ConocoPhillips (CoP), but Worries about U.S. Tax Credits:
CARB Reschedules ‘Low Carbon Fuel Standard’ Workshop to June 30:
U.S. Navy Launches First Combined Diesel/Gas-Turbine Warship:
Texas New Technology R&D (NTRD) Offering $4 Million for Port Diesel NOx-Emissions-Reduction Verifications:
GE Debuts Diesel Hybrid-Electric Tugboats:
CARB Reschedules Biodiesel/Renewable Diesel Workshop:
Mitsubishi (MHI), Wärtsilä Join Forces for Small Marine Diesel Engines:
Air Transport Association (ATA) Urges Expansion of Refinery Middle Distillate Capacity to Curb Skyrocketing Jet-Kero Prices:
More News
Strikes, Protests Continue over Diesel Prices
ASTM OKs B5, B20 Standards; ‘Cold Soak’ Test for Biodiesel
Diesel Prices Jump 8.6% in OECD Nations
U.S. ULSD Production, Imports Decrease, While Stocks Increase
Neste Launches Big Renewable Diesel Plant in Rotterdam
Norske Skog Unveils BTL Diesel Project
Cat Exits U.S. EPA Highway Diesel Engine Biz; Inks Alliance with Navistar
OECD-FAO Report: High Cost of Biodiesel Will Snag Growth
Regulation
China Hikes Diesel Prices 18%, but Refiners Still Losing Money
CARB Sets July 24 Hearing on Ocean-Going Vessel Gasoil/Diesel Fuel Sulfur Limit
Technology
Honda Warns: PHEVs May Be ‘Technology du Jour’
VW: Diesel/Gasoline Price Spread Will Narrow; Urea Locator to Debut by Late Summer
Key Prices
Distillate Watch

Top Stories

Special Report: New IEA Study to 2050 Shows Likely Fuel, Technology Winners & Losers

Second-generation Fischer-Tropsch biomass-to-liquids (BTL) diesel and jet fuel would play a key role in cutting future transport CO2 emissions, according to a sweeping new global energy technology analysis from International Energy Agency (IEA).

Full Story >>

If World Running Out of Hydrocarbons, then Why CO2 Legislation?

A newly-released study by Organization for Economic Cooperation & Development (OECD) “International Transport Forum” (ITF) raises profound questions about how – or even whether – governments should impose CO2 legislation.

The report, “Oil Dependence: Is Transport Running Out of Affordable Fuel,” summarizes conclusions from a meeting of some of the world’s top energy policy experts in Paris last November – just when global oil price inflation was starting to get red-hot.

Full Story >>

World Middle Distillate Consumption Up 1.2%: BP Report

BP’s 2008 edition of its annual Statistical Review of World Energy shows that global middle distillate consumption went up 1.2% last year, although China’s mid-distillate consumption rose 6.8%.

Full Story >>

Regulation

China Hikes Diesel Prices 18%, but Refiners Still Losing Money

China’s National Development and Reform Commission (NDRC) last week approved an immediate 18% boost in diesel prices and a similar 17% hike in gasoline, but neither is enough to stop big losses by the country’s refiners.

Full Story >>

CARB Sets July 24 Hearing on Ocean-Going Vessel Gasoil/Diesel Fuel Sulfur Limit

California Air Resources Board (CARB) aims to jump ahead of bunker fuel desulfurization legislation proposed by International Maritime Organization (IMO).

Full Story >>

Around the world of Diesel

India’s Oil Companies Moving to Avoid Government Price Controls on Diesel Fuel:

Full Story >>

Petrobras Boosting ULSD Capacity with New Refinery Projects:

Full Story >>

Axens Hydrocracker Enables Lukoil Bulgaria Refinery to Produce Euro-5 (10-ppm sulfur) Diesel:

Full Story >>

Cummins Extends Big-Bore Diesel Engine Supply Deal with Navistar International:

Full Story >>

Audi Diesel Race Cars Win 3rd Straight LeMans Competition:

Full Story >>

Albemarle Boosts Prices on Biodiesel Antioxidant Additive:

Full Story >>

China’s Diesel Price Controls Thwart Emergence of Diesel Passenger Vehicles:

Full Story >>

NuStar Mulling ULSD Project at New Jersey Refinery:

Full Story >>

Toyota Boasts of Joint R&D on Refinery Hydrotreated Biodiesel & BTL Diesel Fuel:

Full Story >>

Nissan Shows-Off Clean-Diesel SUV; Diesel ‘Maxima’ Seen Heading for U.S. Market in 2010:

Full Story >>

Toyota Expanding ‘STM’ Diesel Engine Plant in Thailand:

Full Story >>

Caltex, BP, Shell Boost Diesel Cargoes to W. Australia Following Explosion:

Full Story >>

Tyson Foods Reports Progress on ‘Renewable Diesel’ With ConocoPhillips (CoP), but Worries about U.S. Tax Credits:

Full Story >>

CARB Reschedules ‘Low Carbon Fuel Standard’ Workshop to June 30:

Full Story >>

U.S. Navy Launches First Combined Diesel/Gas-Turbine Warship:

Full Story >>

Texas New Technology R&D (NTRD) Offering $4 Million for Port Diesel NOx-Emissions-Reduction Verifications:

Full Story >>

GE Debuts Diesel Hybrid-Electric Tugboats:

Full Story >>

CARB Reschedules Biodiesel/Renewable Diesel Workshop:

Full Story >>

Mitsubishi (MHI), Wärtsilä Join Forces for Small Marine Diesel Engines:

Full Story >>

Air Transport Association (ATA) Urges Expansion of Refinery Middle Distillate Capacity to Curb Skyrocketing Jet-Kero Prices:

Full Story >>

More News

Strikes, Protests Continue over Diesel Prices

New clashes between diesel consumers and government authorities over soaring diesel prices continued this month, on the heels of earlier world-wide strikes and protests.

Full Story >>

ASTM OKs B5, B20 Standards; ‘Cold Soak’ Test for Biodiesel

ASTM International’s D02 (motor fuels) committee last week voted to approve three crucial biodiesel standards, covering B5 (5%) blends, B6-20 (up to 20% biodiesel) and incorporation of a “cold soak filterability test” into the D6751 standard for pure biodiesel.

The “cold soak filterability test” aims to help avoid plugging of fuel filters. Neither the B5 nor the B6-20 ballots would have passed unless D02 also approved the filterability test.

Full Story >>

Diesel Prices Jump 8.6% in OECD Nations

In the latest survey month, diesel prices among the member nations of the Organization for Co-operative and Economic Development (OECD) on average rose by 8.6%, with the highest increases being in European countries at around 10%, according to the latest Oil Market Report by the International Energy Agency (IEA).

Full Story >>

U.S. ULSD Production, Imports Decrease, While Stocks Increase

U.S. stocks of ultra-low sulfur diesel (ULSD) increased, while production and imports decreased for the period of May 30 to June 13, according to the latest data from the U.S. Energy Information Administration (EIA).

Full Story >>

Neste Launches Big Renewable Diesel Plant in Rotterdam

On the heels of building “NExBTL” renewable diesel plants in Finland and Singapore, Neste is launching an 800,000 tons/year plant in Rotterdam, due to come on-line in 2011.

Price tag: €670 million.

Full Story >>

Norske Skog Unveils BTL Diesel Project

Norske Skog, a global producer of newsprint and magazine paper with 18 paper mills around the world, announced June 12 that it plans with partners to build a wood-based biomass to liquids (BTL) diesel plant at Norske Skog Follum in Norway.

The partnership, called “Xynergo,” includes other Norwegian companies including Viken Skog, Allskog, Mjøsen Skog and Statskog.

Full Story >>

Cat Exits U.S. EPA Highway Diesel Engine Biz; Inks Alliance with Navistar

Caterpillar confirmed June 12 that it won’t make highway heavy-duty diesel engines for the ultra-clean U.S. EPA 2010 emissions market, but will instead pursue global truck business opportunities with Navistar International.

Cat said it “plans to target a 2010 introduction of a North American Cat branded heavy-duty truck for severe service applications, such as road construction, large infrastructure projects and oil and petroleum development.

Full Story >>

OECD-FAO Report: High Cost of Biodiesel Will Snag Growth

The latest annual “Agricultural Outlook” joint report from Organization for Economic Co-Operation & Development (OECD) and the U.N. Food & Agriculture Organization (FAO) indicates that biodiesel is going to have a tough time competing with petroleum diesel over the next 10 years.

Full Story >>

Technology

Honda Warns: PHEVs May Be ‘Technology du Jour’

Washington, DC – While some environmental regulators and “green” advocacy groups are pushing hard for rapid introduction of plug-in hybrid electric vehicles (PHEVs), Honda warns that these cars might turn out to be nothing more than a “technology du jour” fad.

Full Story >>

VW: Diesel/Gasoline Price Spread Will Narrow; Urea Locator to Debut by Late Summer

Washington, DC – Volkswagen, the most consistent marketer of diesel cars in North America, is coming back with a U.S. EPA Tier-2, Bin-5 “Jetta” this summer – despite relatively high diesel prices.

“We’re struggling with high diesel prices, but we’re convinced the price will be going down since [refining] capacity will go up,” VW’s engine engineering director Norbert Krause explained to the Society of Automotive Engineers annual government/industry meeting here.

Full Story >>

Key Prices

Distillate Watch

Full Story >>