- IEA: Next Five Years Crucial to Underground Coal Gasification; Could Enable ‘Low-CO2’ FT Diesel
- Diesel Fuel News on Year-End Holidays; Next Issue is January 3, 2012
- Regulation & Legislation
- UN Punts to IMO on Ship Bunker Fuel Tax Schemes
- Electric, Gas Utilities, Non-Food Biofuels Makers Praise ‘Low Carbon Fuel Standard’
- Petroleum Minister: India Aims to Subsidize Diesel Only for the Poor
- T. Boone Pickens CNG/LNG Bill Going Nowhere in U.S. Congress
- Distillate Markets
- CEO Interview: Continental Refining Buys Somerset, Ky., Refinery; Market Niches Seen
- Market Report: U.S. Distillate Exports Top 1 Million Barrels/Day
- IEA: 8.7 Million b/d Crude Distillation Capacity Growth by 2016
- Neste Oil to Produce Waste-Based Microbial Bio-Oil for Renewable Diesel Fuel
- Hamworthy Touts World’s 1st ‘Commercial’ Marine Diesel Emissions Scrubbing Installations
- Kero-Jet Fuel Desulfurization Won’t Aggravate Global Warming: Yale Study
- Maersk Launches Testing of Ship Fueled by Algae-Based Distillate Fuel
- Topsoe Wins Euro-5 Diesel Hydrotreating Contract for Rosneft
- Distillate Watch
- Transport News
- ‘World’s First’ LNG/Diesel Dual-Fuelled Inland Waterway Tanker Ship Launches
- Rush Expands Diesel Truck Dealerships to 70 Locations in 14 U.S. States
- Volvo Puts Hefty €57,000 Price-Tag on ‘V60’ Diesel PHEV
- Bogota Gives Volvo a Big Euro-4 Diesel Transit Bus Supply Deal
- Norway Ship Operator Launching ‘World’s Largest’ LNG-Fueled Ferry
- Statoil Inks Pioneering Deal for LNG Tugboats
Regulation & Legislation
The United Nations Framework Convention on Climate Change (UNFCCC) “Conference of the Parties-17” (COP-17) meeting in Durban, South Africa, concluded December 11 with a whimper rather than a bang as a proposed scheme to tax ship bunker fuels got kicked-back to the International Maritime Organization (IMO) for further action.
A coalition of California electric and gas utilities along with various non-food-based biofuel developers on December 14 unveiled a mass-media advertisement praising the California Air Resources Board (CARB) “low carbon fuel standard” (LCFS).
India’s minister of state for petroleum and natural gas R.P.N. Singh announced December 12 that any scheme for decontrolling diesel fuel and liquefied petroleum gas must include a provision for subsidizing relatively poor consumers.
A bill in the U.S. Congress backed by Texas billionaire and natural gas seller T. Boone Pickens that would grab billions of U.S. taxpayer dollars to subsidize the replacement of diesel trucking with compressed natural gas (CNG) or liquefied natural gas (LNG) trucks and CNG/LNG refueling stations once again has run out of gas on Capitol Hill.
The Australia Minister for Resources and Energy announced December 14 the opening of Licella’s new research and development (R&D) center focusing on bio-crude production for subsequent conversion into all-hydrocarbon kero-jet, diesel or gasoline fuels.
The International Energy Agency (IEA) on December 14 released its latest Medium-Term Coal Market Report (covering 2011 to 2016), with a first-ever forecast on prospects for commercialization of underground coal gasification (UCG).
Dear subscriber: Diesel Fuel News is published 48 times/year, and so this issue (number 48) is our last issue for 2011. We are now on year-end holidays.
The “MT Argonon,” a 6,100 deadweight-tons chemical tanker, can now claim to be the world’s first tanker ship propelled by 80% liquefied natural gas (LNG) along with 20% diesel fuel.
Texas-based truck and bus sales-and-service dealer Rush Enterprises announced December 15 that it paid approximately US$25 million to acquire certain assets of West Texas Peterbilt, a truck dealership group with five locations in Texas.
Volvo announced December 13 that its “V60” diesel plug-in hybrid electric (PHEV) car will go on sale in Europe in 2012 at a hefty retail price of €57,000 (US$75,187).
Volvo announced December 9 that it won a deal to supply 688 diesel buses to Bogota, Colombia, for the capital city’s expanding “Transmilenio” bus rapid transit (BRT) system.
Norway-based Fjord1 announced December 12 that it’s about to launch what it describes as the “world’s largest” ferry boat propelled by liquefied natural gas (LNG) power instead of the typical diesel fuel power.
Statoil announced December 9 that it signed a deal with Buksér og Berging to buy two tugboats that will run on liquefied natural gas (LNG) rather than diesel fuel.
Continental Refining’s CEO Demetrios Haseotes – the 43-year-old grandson of the pioneering Haseotes family that founded big U.S. gasoline-convenience store chain Cumberland Farms-Gulf, and whose father once owned the Come-By-Chance refinery in Newfoundland, Canada – announced December 14 that he just bought the mothballed, 5,500 barrels/day Somerset Oil crude refinery in Kentucky.
The latest U.S. Energy Information Administration (EIA) survey shows that U.S. refiner exports of middle distillates are now topping 1 million barrels/day (see chart) -- a landmark event in what has become a growing trend of surging U.S. distillate exports, especially the relatively high-value ultra low sulfur diesel (ULSD) grade.
The International Energy Agency’s (IEA) latest monthly Oil Market Report (released December 13) finds that “precarious” economic indicators and relatively weak fourth-quarter 2011 demand data (especially in Europe) mean that global crude oil demand growth projections for 2011 and 2012 must be trimmed.
Neste Oil announced December 15 that it will build a pilot plant to produce waste-based microbial oil at its Porvoo, Finland, crude oil refinery. The bio-oil would be a “green” feedstock for Neste’s “NExBTL” all-hydrocarbon renewable diesel fuel.
United Kingdom-based Hamworthy Krystallon announced December 12 what it described as the world’s first “commercial” installation of its marine diesel seawater emissions scrubbing system on the first of four ships owned by Italy-based Ignazio Messina & Co.
Desulfurizing kero-jet fuel to the same 15 parts per million (ppm) sulfur limit of ultra-low sulfur diesel (ULSD) fuel won’t cause a net increase in “global warming” when such fuel is combusted by jet planes, according to a new study announced December 14 by Yale University.
Denmark-based Maersk Line announced December 12 that in cooperation with the U.S. Navy it has launched the “Maersk Kalmar” ship running on algae-based biofuel on a voyage between Northern Europe and India.
Haldor Topsøe announced December 12 that it won a contract for a diesel hydrotreating unit for the Russian Syzran Refinery owned by Rosneft, the largest Russian oil company.