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Gasoline

Koch escalates tax reform battle with report on gasoline prices

WASHINGTON (Reuters) -- A Koch Industries-funded report warned on Friday US gasoline prices would rise if Congress passed a Republican proposal to adjust US corporate tax rates to favor exports over imports, escalating a lobbying battle over the measure.

DOE shows US used more blended gasoline in 2015

WASHINGTON — Recent data from the US Department of Energy (DOE) shows that gasoline consumed in 25 states and the District of Columbia contained more than 10.0% ethanol on average in 2015. The national average ethanol blend rate was 9.91% according to the DOE data.

Irving Oil announces expansion of its terminal network in Nova Scotia

HALIFAX -- Irving Oil announced that it has entered into a purchase agreement to acquire four inland storage facilities in Nova Scotia from Valero Energy Inc.

Nigeria central bank to auction dollars for fuel import

LAGOS (Reuters) -- Nigeria's central bank has asked banks to submit bids for a "special currency auction" targeting fuel importers to meet demand for matured letters of credit, traders said on Monday.

Delta Air to sell gasoline and diesel as losses at its refinery climb

NEW YORK (Reuters) -- Delta Air Lines Inc is preparing to market gasoline from a refinery it owns outside Philadelphia, signaling a shift in strategy toward managing the plant as a commercial refiner rather than a dedicated jet fuel supplier.

KP Engineering to provide process engineering services

KP Engineering will provide process engineering services to a mid-continent refiner as part of a FCCU study.

Brazil's Petrobras to cut diesel, gasoline prices as oil falls

State-controlled Petróleo Brasileiro SA said it plans to cut diesel and gasoline prices at the refinery point, following a decline in oil prices.

China sets export tax rebate for refined fuel at 17%

China has raised the export tax rebate for gasoline, diesel and jet fuel to 17%, effective from November 1, 2016.

Colonial Pipeline restarted Line 1 on Sunday

Colonial Pipeline said Line 1 began shipping gasoline between Houston and Linden, New Jersey, on Sunday morning for the first time since a deadly October 31 explosion and fire near Helena, Alabama.

EIA: US summer gasoline consumption sets new high

The consumption of US finished motor gasoline reached a new high of 9.7 MMbpd in June 2016, surpassing the previous one-month high of 9.6 MMbpd set in July 2007.