Gasoline
Exxon says its decarbonization business could outgrow oil, in multi-trillion market
Exxon Mobil Corp's Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now.
Australia heads for second year of record gasoline, diesel imports
Australia's gasoline and diesel imports are expected to rise 2% to hit a record for a second straight year due to a drop in domestic production and a post-COVID economic recovery boosting fuel demand.
Portugal's EDP to stick with EV charging target after EU e-fuel compromise
Portugal's largest utility, EDP, said a compromise by the European Commission to allow the sale of cars running on e-fuels after 2035 would not impact the company’s target to roll out electric vehicle charging stations.
With strict targets looming, European aviation races to make green fuel
Energy giant Repsol has bought into Europe's drive for green jet fuel but believes the $217-MM plant it is building in southeast Spain faces a bumpier ride than if it was on the other side of the Atlantic.
What are e-fuels, and can they help make cars CO2-free?
Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels.
Corteva, Bunge, Chevron partner to produce renewable fuels
Chevron is collaborating with agribusiness firms Corteva and Bunge to produce renewable fuels from canola crops.
Crimea bridge restrictions strands liquefied petroleum gas cargoes
Several tankers loaded with liquefied petroleum gas have been unable to cross under Russia's Crimea bridge due to security restrictions, prompting suppliers to use other routes out of Russia.
Citgo Petroleum posts record $2.8 B profit for 2022
Refiner Citgo Petroleum Corp reported record net profit of $2.8 billion for 2022 on strong motor fuel demand, high margins and refining output that exceeded its plants' listed capacity.
Indian fuel demand in February was the highest in 24 yr
India's fuel demand hit its highest level in at least 24 years in February, with industrial activity in Asia's third biggest economy boosted by cheap Russian oil.
Strategic Biofuels to bolster U.S. green fuels project through U.S. DOE loan guarantee
Strategic Biofuels announced today that it has been invited by the U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) to submit a Part II application for a proposed $1.6 B loan guarantee under the Title XVII Innovative Clean Energy Loan Guarantee Program.
- Tasnee's Saudi Ethylene and Polyethylene Co. commences planned maintenance of ethylene plant 1/2
- Advanced Biofuels Canada Association welcomes federal biofuels production incentive coming into force 1/2
- Technip Energies completes acquisition of Ecovyst’s Advanced Materials & Catalysts business 1/2
- Peru opens state-owned Petroperu to private investment after reorganization 1/2
- Brazil's Petrobras cuts jet fuel prices by 9.4% 1/2
- Norway's new car sales were 96% electric in 2025 1/2
