Gasoline
Gasoline sails away from American drivers as East Coast stocks swell
LONDON/NEW YORK (Reuters) -- Traders are preparing to export cargoes of coveted gasoline from the US East Coast after months of heavy importing and local production swamped the region.
US gasoline tax hike may dent fuel demand in oversupplied market
NEW YORK (Reuters) -- A potential increase in gasoline taxes in several US states could put a dent in demand at the pumps and mark another setback for a market already flooded with excess fuel.
DCC to buy ExxonMobil's Norwegian retail petrol station network
(Reuters) -- London-listed DCC Plc said it would buy the retail petrol station network of ExxonMobil's Norwegian unit, Esso Norge AS, for $293.38 million.
US refiners face weakening demand at pump for first time in 5 years
NEW YORK (Reuters) -- US refiners are facing the prospects of weakening gasoline demand for the first time in five years, stoking fears that earnings this year may be even worse than the dismal performances seen in 2016.
Mexico keeps gasoline prices unchanged amid public backlash
MEXICO CITY (Reuters) -- Mexico's Finance Ministry on Friday said it would keep maximum gasoline prices unchanged between Feb. 4-17 compared with prices in January, postponing an expected fuel price hike amid a violent backlash over its gasoline liberalization.
Oil prices fall after sharp rise in US stockpiles
SINGAPORE/TOKYO (Reuters) -- Oil prices fell on Thursday after official data showed US crude and gasoline stockpiles rose sharply, although signs that OPEC and other producers are holding the line on output cuts helped support prices.
Pertamina using Honeywell UOP technology to boost clean fuels production
DES PLAINES, Ill. -- Honeywell announced that PT Pertamina will use Honeywell UOP technology to produce high-octane gasoline blending components and jet fuel at its Balikpapan refinery in Kalimantan Timur, Indonesia.
Sinopec awards DuPont technologies contract for alkylation technology
WILMINGTON, Del. – DuPont Clean Technologies announces that China Petrochemical Corporation (Sinopec) has awarded DuPont the license and engineering contract for its STRATCO Alkylation Technology. The new unit is to be located at the existing Sinopec Tianjin Company (TPCC) refinery in the Tianjin Binhai New Area district. The addition of the STRATCO sulfuric acid alkylation unit will improve the quality of the existing refinery gasoline pool to ensure compliance with the China V standard.
EIA: Mexican gasoline market reforms could influence US gasoline export trends
The Mexican government is in the process of opening its gasoline and diesel markets to outside competition and replacing government-set prices with market-based prices. Last year, Mexico began allowing entities other than the state-owned company Petróleos Mexicanos (Pemex) to import gasoline and diesel and open retail stations.
Brazil's Petrobras reduces diesel and gasoline prices at refineries
SAO PAULO (Reuters) -- Brazil's state-run oil company Petroleo Brasileiro SA announced on Thursday it is reducing diesel and gasoline prices at refineries, reflecting the fall in international petroleum products prices and the appreciation of the local currency against the dollar.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
