By Rod Nickel and Laura Sanicola

WINNIPEG, Manitoba/NEW YORK (Reuters) – U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants.

Canadian Prime Minister Justin Trudeau’s government intends to present its Clean Fuel Standard this year, aiming to cut 30 million tonnes of emissions by 2030.

Renewable diesel, made by processing spent cooking oil, canola oil or animal fats, can be used in high concentrations or without blending in conventional diesel engines.

So far, Canadian companies have been slow in preparing to make the fuel, with only three projects publicly announced, said Ian Thomson, president of the Advanced Biofuels Canada industry group.

At least five U.S. refiners have announced plans to produce renewable diesel or said they are considering it, including Phillips 66 and HollyFrontier Corp .

“This is Canada’s to lose,” Thomson said.

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By Rod Nickel and Laura Sanicola

WINNIPEG, Manitoba/NEW YORK (Reuters) – U.S. oil refineries are moving aggressively to produce renewable diesel, partly to cash in on Canada’s greener fuel standard before Canadian refiners modify their own plants.

Canadian Prime Minister Justin Trudeau’s government intends to present its Clean Fuel Standard this year, aiming to cut 30 million tonnes of emissions by 2030.

Renewable diesel, made by processing spent cooking oil, canola oil or animal fats, can be used in high concentrations or without blending in conventional diesel engines.

So far, Canadian companies have been slow in preparing to make the fuel, with only three projects publicly announced, said Ian Thomson, president of the Advanced Biofuels Canada industry group.

At least five U.S. refiners have announced plans to produce renewable diesel or said they are considering it, including Phillips 66 and HollyFrontier Corp

.

“This is Canada’s to lose,” Thomson said.

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Indian refiner Bharat Petroleum Corp Ltd (BPCL) will continue to import gasoline for the next few months as its crude processing is hit due to lower demand for diesel that accounts for 40 per cent-45 per cent of its product slate, its head of marketing AK Singh said.

BPCL is operating refineries at an average of 80 per cent capacity, Singh told a press conference after a shareholders meeting. By design, BPCL refineries make 2.5 tonnes of diesel for every one tonne of gasoline produced, he said.

“If diesel demand picks up we will not be required to import gasoline as then we will be processing more crude … diesel is restraining crude throughput … MS (motor spirit) is almost at pre-pandemic level. Diesel is lagging,” he said.

Asia’s gasoline refining margin surged to a 6-1/2 month high on Monday as supplies tightened, industry sources said. India’s recent spot demand

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The MarketWatch News Department was not involved in the creation of this content.

Sep 24, 2020 (The Expresswire) —
Diesel Genset Market” is valued at 19340 million USD in 2020 is expected to reach 27500 million USD by the end of 2026, growing at a CAGR of 5.1% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Diesel Genset Market by Types (300kw), Applications (Land Diesel Genset, Marine Diesel Genset) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 130 Pages and in-depth TOC on Diesel Genset Market.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

Final Report will add the analysis of the impact of

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HAMBURG (Reuters) – German prosecutors said on Wednesday they had charged another eight employees of auto maker Volkswagen

over the scandal surrounding cheating on diesel engine emission tests.

The eight are accused of fraud, false certification and violation of the law against unfair competition, the prosecutor’s office in the northern town of Braunschweig said in a statement.

Some are also alleged to be responsible for embezzlement and tax evasion, or for aiding and abetting those crimes.

Volkswagen admitted in September 2015 to having used illegal engine control software to cheat U.S. pollution tests, triggering a global backlash against diesel and costing the carmaker billions of euros in fines.

The eight are accused of being involved in the diesel manipulation between November 2006 and September 2015.

The are accused of encouraging, supporting or at least not preventing the installation of illegal software in the engine management system of diesel vehicles produced

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There aren’t many growth stories in the oil industry as demand starts to decline and the price of gasoline and diesel stagnate, but an emerging specialist sector is starting to attract serious attention; renewable diesel.

Not to be confused with its close relation, biodiesel, the primary appeal of renewable diesel is that it achieves two objectives.

The feedstock for renewable diesel is primarily used cooking oil, animal fat and other waste products which are converted into a colorless, odorless fuel, which promise to generate strong profits in an industry struggling with over-supply and low prices.

Biodiesel, which is widely used in a number of countries, differs in that it uses high quality raw material and is produced through a different process and

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India’s petrol sales rose for the first time in the first half of September since the country’s lockdown in late March, signalling demand may have returned to pre-Covid-19 levels.

Petrol sales between September 1 and 15 rose 2.2 per cent year-on-year and were up 7 per cent over the previous month, according to preliminary industry data.

Diesel sales continue to be in negative territory, with demand falling 6 per cent year-on-year. But the demand was 19.3 per cent higher over August 2020.

This is the first time that petrol sales in the world’s third-largest oil importer have risen since the March 25 nationwide lockdown crippled economic activity and sent demand plummeting.

Petrol sales rose to 9,65,000 tonnes during the first half of September as compared to 9,45,000 tonnes in the same period a year back and 9,00,000 tonnes during August 1-15, 2020.

Demand for diesel, the most consumed fuel in

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Diesel bookseller Lynn Aime makes a sale next to a sign asking customers to contribute to the shop's GoFundMe. <span class="copyright">(Genaro Molina / Los Angeles Times)</span>
Diesel bookseller Lynn Aime makes a sale next to a sign asking customers to contribute to the shop’s GoFundMe. (Genaro Molina / Los Angeles Times)

Next to a bottle of hand sanitizer, on a table at an entrance to Brentwood’s Diesel bookstore, is a message to customers describing an existential crisis induced by a pandemic. It says, in essence: We need your help.

“We have tried to weather this storm, with creative reinvention, hard work, and perseverance, as we always have,” reads the note from Diesel owners Alison Reid and John Evans. “We’ve managed to keep our booksellers afloat financially and with the necessary health care. But at this point, our stores are foundering.

“… So we are asking for your support to restore us to a sustainable level, to make it through this taxing time… We have resisted this appeal to our wider community, but now we are running

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Businesses need to run, and so do heavy duty vehicles, which is why mechanics who can keep these vehicles in working order are so important.



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According to TireBusiness.com’s article, Tackling the Truck Technician Shortage, a severe shortage of diesel technicians has been predicted by industry experts. With the retirement pending of baby boomers, who make up 40-50% of the active heavy-duty technicians, the demand is even greater. It also stated that freight tonnage has grown progressively with the demand of same-day, two-day and overnight shipping.

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Michael Burns, Ph.D., Lone Star College Dean of Instruction, Career and Applied Technology, said the demand for entry level diesel technicians is very strong.

“We still have employers looking to fill positions,” Burns said. “It’s a continuing demand. The baby boomers are retiring at a high rate now. There was little push 20 years ago to enter the

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