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Gasoline

Indonesia proposes increase in biodiesel mix to 50% in 2028

Indonesia's government is proposing to increase the mandatory blend of palm oil-based fuel in biodiesel to 50% in 2028, up from the present amount of 35%.

U.S. crude stocks, gasoline and distillate inventories rise

U.S. crude stocks, gasoline and distillate inventories rose in the week ending Nov. 1, the Energy Information Administration (EIA) said on Wednesday.

LyondellBasell to close Houston refinery (U.S.) in Q1 2025

Chemical maker LyondellBasell Industries detailed its long-announced plan to permanently shutter its 263,776-bpd  Houston oil refinery in the first quarter of 2025, shutting the facility's CDU and coker train in January, followed by the shuttering of the second CDU-coker production train, which supplies the gasoline-producing FCC and ancillary units, ending motor fuel production

Russia's Tuapse oil refinery to resume operations in November

Rosneft will resume operations at its oil refinery at the Black Sea port of Tuapse in November.

U.S. gasoline stockpiles hit 2-yr low on stronger demand

U.S. gasoline stockpiles fell unexpectedly last week to a 2-yr low on strengthened demand, the U.S. Energy Information Administration (EIA) said on Wednesday, while crude inventories also posted a surprise drawdown as imports slipped.

Dangote says refinery has 500 MM liters of petrol in storage, can meet Nigeria's demand

Nigeria's Dangote oil refinery has a stockpile of 500 MM liters of petrol, its billionaire founder said, countering claims by marketers who asserted they needed to supplement Dangote's supplies with imports to meet fuel shortages.

Mexico's Pemex posts wider third-quarter loss, hit by weaker peso

Mexican state-owned oil company Pemex reported a deeper $8.2-B 3Q net loss on Tuesday, hurt mostly by a weaker exchange rate even as it benefited from support from the country's new government.

Enterprise opens new facility in Utah to expand strategic fuel storage

Enterprise Products Partners said the second phase of its Texas Western Products System, which houses 400,000 bpd of gasoline and diesel, was now complete with truck loading operations beginning at company's fuel terminal located in Utah.

Sinopec's 3Q earnings fall 52.1% on lower oil prices, refining margins

Chinese refiner Sinopec posted a 52.1% year-on-year decline in net profit to 8.54 B yuan ($1.2 B) for the third quarter because of lower oil prices and weak refining margins.

U.S. crude, gasoline inventories rise, distillates draw down

U.S. crude oil and gasoline inventories rose while distillate inventories fell last week, the U.S. Energy Information Administration (EIA) said on Wednesday.