Gasoline
In rare move, California (U.S.) steps in to find buyer for Valero refinery to avoid closure
California government officials are trying to find a buyer for Valero Energy's Benicia refinery near San Francisco, an unusual effort as the clock ticks down on the company's planned closure of the facility in April.
Marathon refinery in Texas (U.S.) restarts diesel, gasoline units
Marathon has restarted a diesel-producing unit and the gasoline-producing unit at its 631,000-bpd Galveston Bay Refinery in Texas City, Texas (U.S.).
Indonesia's Danantara awards $8-B EPC contract for modular refinery builds
Indonesian sovereign wealth fund Danantara plans to sign an $8 billion engineering, procurement and construction contract with U.S. engineering firm KBR Inc to build 17 modular refineries.
Gasoline cars banned ride-hailing platforms in Beijing
Gasoline cars were banned from ride-hailing platforms in Beijing as of July 20, Auto Review, the official media outlet of the China Association of Automobile Manufacturers, reported on Tuesday.
High imports, soft summer demand weigh on U.S. gasoline
Gasoline prices have been in a lull in recent months, a boon for Americans traveling this summer. Consumers endured record prices at the pumps after Russia's 2022 invasion of Ukraine upended energy markets.
China's refined oil exports dip 0.6% in June but hit 12-month high
China's exports of refined products, including diesel, gasoline, aviation fuel and marine fuel, fell 0.6% year-on-year to 5.34 MMt in June, though the figure marked the highest monthly total since June 2024.
EIA: U.S. crude stockpiles fall as exports rise; fuel demand drops
U.S. crude oil stockpiles fell last week as exports rose, while gasoline and distillate inventories rose, prompting some concerns about fuel demand.
Trump's sanctions threat looms over Russian oil exports to China, India and Turkey
U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees to a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey.
China state refiners ramp up output on rising demand, stock rebuild
Chinese state-owned refiners are ramping up output after completing maintenance to meet higher third-quarter fuel demand and to rebuild diesel and gasoline stocks which are at multi-year lows.
India's BPCL plans to shut Bina refinery unit for 15-day maintenance in August
Diesel output from BPCL's Bina refinery will be affected during the maintenance turnaround, but gasoline production will continue through its secondary unit.
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
- SWISS becomes world’s first airline to integrate Synhelion solar fuel into its flight operations 7/24
- Finland's Neste tops earnings forecast on soaring SAF sales 7/24
- Shell restarts hydrodesulphurization unit at Pernis oil refinery after unplanned outage 7/24
- Orlen's Unipetrol will start commissioning ethylene unit after power outage experienced earlier in July 7/24
- Dow forecasts sales below estimates, slashes dividend as downturn takes a toll 7/24
