Gasoline
Chinese diesel/gasoline exports continue to rise
China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilized their expanded yearly export quotas.
Saudi Aramco buys minority stake in company focused on more fuel-efficient gasoline engines
Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China's Geely Automobile Holdings Ltd plan to set up jointly.
Egypt increases gasoline prices in line with global levels
Egypt raised domestic gasoline prices, bringing them more in line with global levels but risking further public discontent after a year of rising inflation, a weakening currency and a series of austerity measures.
Petrobras will reduce fuel prices to offset increases in fuels taxes
Brazil's state-run oil giant Petrobras said it will reduce gasoline and diesel prices at its refineries from Wednesday, a move that will likely offset the resumption of federal taxes levied on fuels.
U.S. EPA's proposal would allow a higher ethanol blend in Midwest states
The U.S. Environmental Protection Agency proposed a rule that would allow sales of gasoline with a higher ethanol blend in certain U.S. Midwest states.
Colorado refinery outage causing increased fuels pricing
The only petroleum refinery in Colorado shut down in late December after sustaining damage from extremely cold weather, which may tighten gasoline and diesel fuel supplies in the region.
U.S. crude oil inventories rose as utilization drops
U.S. crude oil inventories rose for the ninth week in a row, surging to their most since May 2021, as refiners ran less oil during a strong maintenance season.
Kuwait to ramp up refined products exports from the 615,000-bpd Al Zour refinery
Kuwait is set to ramp up refined oil product exports from its new Al Zour refinery in the second half of 2023 to plug Russian shortfalls in Europe and meet growing demand in Asia and Africa.
China gasoline exports may hit 8-yr low in Feb on domestic demand recovery
China's February gasoline exports may fall a second straight month to hit their lowest in eight years as domestic consumption rebounds after the nation emerged from COVID lockdowns, likely buoying Asian refining margins.
Business Trends: Tier 3 gasoline production: Challenges and opportunities for refiners
One of the biggest challenges to the crude oil refining industry over the past decades is the development of technologies capable of reducing the environmental impact of crude oil derivatives, while also raising their performance.
- Kazakhstan to build a new $10-B, 10-MMtpy refinery 2/18
- U.S. EPA expected to send 2026 biofuel blending quotas to White House this week 2/18
- Kent awarded pre-FEED contract for Eq.flight, an advanced power-to-liquids SAF project 2/18
- ABB launches integrated carbon capture measurement solution to accelerate industrial decarbonization 2/18
- CONSER awarded technology licensing/PDP contract for DMS and BDO plant in China 2/18
- Singapore marine fuel sales maintain strong start in early 2026 2/18
