10/11/2026 by Daniel Tait
US-based oil major Chevron has outlined its efforts to increase the amount of diesel it is putting on the markets.
Many parts of the global economy rely upon diesel to power machinery. For example, it powers agricultural and construction equipment and the HGVs that transport goods. Unfortunately, it has been in particular shortage since the shipping disruption through the Strait of Hormuz due to a lack of refining capacity outside the Persian Gulf. The company points out on its corporate blog:
“Transportation fuels like diesel often appear as ordinary moments: a stocked grocery shelf, a delivered package, a completed construction project or a successful harvest. Behind those moments is a network of refineries, biofuel facilities and people working to increase fuel supply safely and reliably.”
Chevron, which makes the Texaco lubricant and grease range, says that high utilisation rates at its refineries have enabled it to maximise its supply. New refineries take time to build, but Chevron has managed to make existing refineries run more efficiently and reliably. Last year, the company increased its refining capacity by almost 20%. This enabled it to set a new record of refining more than a million barrels per day on average this year. Some of this ultimately gets to the UK market because the country depends heavily on diesel imports.
The company is also producing more biodiesel and renewable diesel than ever. For the first time, it produced more than 50 million gallons in August, adding an alternative fuel to the bigger system.
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