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Gasoline

PDVSA manager arrested in Venezuela fuel corruption probe

CARACAS (Reuters) -- Venezuela has arrested a senior manager of state oil company PDVSA on suspicion of "irregularities" in contracts to supply fuel to the domestic market, authorities said on Wednesday.

California would increase fuel taxes under $52-B road repair plan

SACRAMENTO, Calif. (Reuters) -- California would increase gasoline taxes and other transportation-related fees for the first time in decades to fund an ambitious $52 B plan to repair the state's sagging infrastructure under a deal announced Wednesday.

ADNOC seeks gasoline in second tender after January fire

SINGAPORE (Reuters) -- Abu Dhabi National Oil Co (ADNOC) is seeking a total of 316,000 t of gasoline for shipment in May and June to help make up for a shortfall in its own production following a fire in January at its Ruwais refinery, traders said on Tuesday.

India's top refiner to supply fuels to Nepal for five years

NEW DELHI (Reuters) -- Indian Oil Corp has agreed to supply refined products to Nepal for the next five years to meet all the fuel needs of the landlocked Himalayan nation, officials said on Monday.

Sinopec overhauls fuel buying policy in new blow to teapots

BEIJING (Reuters) -- Asia's top refiner Sinopec Corp said on Tuesday that it will begin buying gasoline and diesel fuel from third parties through its central office in Beijing, a move that puts further limits on China's independent oil refiners.

Skytanking awarded aviation fuel storage, hydrant management contract at Munich Airport

HAMBURG – Skytanking Holding GmbH is pleased to announce that its subsidiary Skytanking Munich GmbH & Co KG has signed a 6-year contract with Flughafen München GmbH to operate the aviation fuel storage and hydrant system at Munich Airport.

Vitol reports record volumes as gasoline trade booms

(Reuters) -- Vitol's annual traded volumes rose 16% in 2016 to a new record as the world's largest independent energy trader sold more gasoline and diesel in markets such as the United States and Australia.

Gasoline floats outside Europe as traders bet on profit spike

LONDON (Reuters) -- Cargoes of floating gasoline are building off the shores of Europe as margins hold near their lowest level seasonally since 2009, traders and market sources told Reuters.

Venezuelans line up for gasoline as OPEC nation's oil industry struggles

CARACAS/PUNTO FIJO, Venezuela (Reuters) -- Grumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves.

China Feb gasoline exports jump to 2nd-highest on record, imports plunge

BEIJING (Reuters) -- China's gasoline exports in February climbed to their second-highest monthly level on record as refiners increasingly turn to exports to Asian markets to drain a domestic supply glut that almost wiped out imports altogether.