Gasoline
Russia's diesel, gasoline output capacity to fall sharply in Sept.
Russia's ability to produce diesel and gasoline is expected to fall sharply in September as seasonal maintenance at oil refineries peaks.
Nigeria's NNPC raises petrol prices again as Dangote fuel hits market
Nigerian state oil firm NNPC Ltd. has increased the price of petrol by 11%, the second increase in two weeks and a day after it started purchasing the fuel from the giant Dangote oil refinery on the outskirts of Lagos.
China's refinery output falls for a fifth month as fuel demand disappoints
China's oil refinery output in August fell 6.2% from a year earlier, declining for the fifth month as disappointing fuel demand and weak export margins curbed production.
Ineos to cease refinery operations at Grangemouth
Petroineos has announced its intention to cease refinery operations at Grangemouth and transition to a finished fuels import terminal and distribution hub during Q2 2025.
U.S. Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens
Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened.
Fire at Moscow refinery will not cause fuel shortages, minister says
A recent fire, caused by a drone strike, at a major Moscow refinery will not lead to fuel shortages in the region as production from other refineries would compensate for the temporary disruption.
Asia refining margins at lowest seasonal levels since 2020 as supplies grow
Asian refiners' margins slumped to their lowest seasonal levels since 2020 this week as supplies of diesel and gasoline rose after peak summer travel demand ended
U.S. gasoline slumps to near 3-yr low on end of driving season, oil slump
U.S. gasoline futures fell nearly 6% on Tuesday to their lowest since December 2021, as the end of the driving season weighed on demand for the motor fuel amid a sell-off in the broader oil market.
Nigeria's Dangote refinery releases gasoline into the local market
Nigeria's $20-B Dangote oil refinery on Tuesday has begun supplying gasoline into the Nigerian market, a move its owner Aliko Dangote said will end billions of dollars spent on imports.
India's Bharat Petroleum Corp. to boost integrated refining-petrochemical capacity by 2030
India's Bharat Petroleum Corp plans to increase its integrated refining and petrochemical capacities within the next 5 yr-7yr to meet growing energy demand. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4%-5% and 7%-8% in the 'foreseeable future'.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
