Neste Oil announced November 25 that it just won an International Sustainability & Carbon Certification (ISCC) certificate for its “NExBTL” renewable diesel produced at the company's Porvoo refinery in Finland.

Rosneft’s board of directors on November 26 approved a plan for setting up Eastern Petrochemical Company (Vostochnaya Neftekhimicheskaya Kompaniya) in the vicinity of Nakhodka, Primorsky Krai, with a capacity of 10 million tons per year.

Reliance has boosted its rate of exports of diesel and gasoline so far this month, according to a Bloomberg report citing Exim India shipping data.

Neste Oil and Lufthansa announced November 29 the start of regular commercial flights with a 50% blend of “NExBTL” renewable kero-jet fuel starting spring 2011.

Alternative Fuels Americas, Inc. (AFA) announced November 29 that it will be acquiring Sustainable Agro Biotech, LLC, a Puerto Rico-based company active in the research and development of algae for biofuels.

Turkish Petroleum Refineries Corporation (Tupras) has contracted the service and maintenance of a total of 1,500 motors in its Istanbul refinery to Siemens, with the goal of raising plant availability and avoiding production downtimes.

International Fuel Quality Center (IFQC) reported November 24 that Organization of Arab Petroleum Exporting Countries (OAPEC) indicated at a refining conference in Bahrain last month that they plan to adopt Euro-5 (10 parts per million sulfur) limits on diesel and gasoline from 2015 and beyond.

The demand for diesel fuel will rebound and again drive global refined product demand and margins, according to a new global report released by Hart Energy Consulting. Low sulfur diesel markets will strengthen and remain strong for the foreseeable future, according to the report.

U.S. multinational ExxonMobil has suspended plans to build a floating liquefied natural gas (LNG) import terminal off the New Jersey coast because of changes in its outlook for natural gas supply and demand in the region.