Gasoline
Elon Musk says oil and gas should not be demonized
Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.
bp restarts pipeline after gasoline spill in Washington state
bp has restarted its Olympic Pipeline that had leaked roughly 25,000 gallons of gasoline near Mount Vernon in Washington state.
Shell to sell Schwedt refinery stake to UK's Prax Group
Shell said it had agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, which supplies most of Berlin's fuel, to Britain's Prax Group, attempting to draw a line under its co-ownership of an asset majority-owned by Russia's Rosneft.
bp cleaning up 25,000-gallon gasoline spill in Washington state (U.S.)
bp has been working with the U.S. Environmental Protection Agency and local officials to clean up a roughly 25,000-gallon gasoline spill from its Olympic Pipeline near Mount Vernon in Washington state.
Singapore fuel oil inventories rebound to near three-month highs
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a sharp decline last week.
Japanese refineries close as the country's petroleum consumption falls
The U.S. Energy Information Administration forecasts the lowest annual petroleum consumption in Japan in 2024 since at least 1980, in part due to its aging and declining population.
Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
Automation technology supports growing demand for green diesel
The search to find alternatives to petroleum-based transportation fuels is nothing new.
OPEC head accuses IEA of vilifying fossil fuel industry
OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.
China oil demand growth poised to slow to around 4% in H1 2024
China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.
- CLG and INA successfully produce SAF from biogenic feedstock 7/29
- Johnson Matthey’s tech enables successful start-up of the world’s largest single-train methanol plant 7/29
- Clariant and Shanghai Boiler partner to develop green methanol/ammonia and SAF projects in China 7/29
- China ramps up exports of refined fuels as margins rise 7/29
- Baker Hughes to acquire Chart Industries for $13.6 B 7/29
- Trump threatens secondary sanctions on Russian oil exports, tariffs to reach as high as 100% 7/29
