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Gasoline

Singapore middle distillates stocks slip on rising jet fuel/kerosene exports

Singapore's middle distillates inventories fell by more than 100,000 bbls in the week ended May 29 amid higher net jet fuel/kerosene exports, though diesel/gasoil net exports declined.

Oil prices ease on US gasoline demand worries, economic data

Oil prices eased about 1% on worries over weak U.S. gasoline demand and economic data that could cause the U.S. Federal Reserve to keep interest rates higher for longer.

Indonesia's Pertamina conducting gasoline tender for June

Indonesia's Pertamina is conducting a tender to procure 98-octane gasoline for June, an official at procurement subsidiary Pertamina Patra Niaga said.

bp, Shell agree to sell their shares in South Africa's SAPREF refinery

bp Southern Africa and Shell Downstream South Africa have reached an agreement for the sale of their respective 50% ownership assets located at the SAPREF Refinery Precinct to the South African state-owned entity, Central Energy Fund SOC Ltd.  

China’s BYD unveils new hybrid tech as battle with gasoline rivals heats up

China's BYD has launched the latest version of a plug-in hybrid technology that improves fuel and cost savings, intensifying competition with the likes of Toyota and Volkswagen that still sell mainly gasoline-powered cars.

Brazil's Raizen launches second-generation ethanol plant, mulls new contracts

Brazil's Raizen inaugurated its second cellulosic ethanol plant as part of a plan in which four more production units will be opened by the 2025/26 harvest.

Hungary government to discuss fuel prices again despite recent falls

Hungarian Prime Minister Viktor Orban's cabinet will discuss fuel prices again despite a recent fall in prices driven by government pressure on traders to align prices with levels elsewhere in the region.

Colonial pipeline (U.S.) halts some fuel deliveries for maintenance

The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.

Verbio commences biorefinery conversion project in Indiana (U.S.)

Verbio has begun converting its South Bend ethanol plant into a cutting-edge biorefinery. With a groundbreaking ceremony, Verbio aims to integrate renewable natural gas (RNG) and bioethanol production through innovative methods.

Russia lifts petrol export ban to get rid of surplus fuel

Russia has saturated the domestic market with fuel, which is why it decided to lift a ban on gasoline exports to get rid of surplus.