Gasoline
Iran seizes tanker with 900 tons of 'smuggled fuel'
Iran's Revolutionary Guards seized a tanker holding 900 metric tons of "smuggled fuel" and 12 crew members based on a court order, a report by the semi-official Fars news agency said.
U.S. crude, gasoline inventories fall more than expected
U.S. crude stocks drew more than expected on strong refining demand, while gasoline inventories posted a large draw after an increase in driving last week, the Energy Information Administration said.
Nigeria's petrol use down 28% after subsidy scrapped, regulator says
Nigeria's average daily petrol consumption has fallen by 28% since President Bola Tinubu scrapped a popular but costly subsidy on the fuel at the end of May, data from the industry regulator shows.
Caught between riots and debt crises, African countries cut fuel subsidies
Senegal, like Nigeria and Angola, is removing costly fossil fuel subsidies – a move once considered politically unthinkable but which has become a necessity due to crushing debt, a spike in borrowing costs and high fuel prices.
Editorial Comment: Advancing catalyst technologies and a focus on plant optimization/efficiency
For nearly 100 yr, catalysts have been used within the processing industries.
Business Trends: Tier 3 gasoline production: The value of flexibility in volatile fuel markets
Despite the forecasted trend of declining demand for transportation fuels, many markets still depend heavily on these crude oil derivatives to sustain economic activity.
Mexico's Pemex motor fuel production dipped last month
Motor fuel production from Mexico's state-owned oil company Pemex dipped last month, company data showed, falling short of ambitious government refining targets meant to wean the country off its long-standing dependence on foreign supplies.
Russia faces no domestic gasoline shortage with exports down
Russia's energy ministry said it sees no shortage of gasoline in the domestic market, with companies having cut their exports and increased production after gradually completing planned maintenance work.
Renewables growth did not dent fossil fuel dominance in 2022
Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry's Statistical Review of World Energy report said.
Nigeria's NNPC spends $2.41 B on petrol subsidy
Nigeria's petrol subsidy cost state oil firm NNPC Ltd $2.41 B in the five months through May before the program was scrapped, a report showed.
- BGN announces strategic MoU with XCF Global to produce and supply SAF 11/17
- KazMunayGas and Uzbekneftegaz partner to build 50,000-tpy linear alkylbenzene plant 11/17
- Chevron joins race to explore potential purchase of Lukoil assets, including refineries 11/17
- Abra Group and Sumitomo sign MoU to advance affordable SAF in Brazil 11/17
- Sonatrach signs contract for unit with Sinopec subsidiary to boost gasoline production capacity 11/17
- Verso Energy awards FEED contract to Rely for the DEZiR eSAF project 11/17
