Gasoline
Total enters the petroleum product retail sector in Mexico
PARIS — Total has entered into an agreement with GASORED, a group of service station owners, to rebrand a network of around 250 service stations in and around Mexico City under the Total brand.
EIA: US household gasoline spending expected to remain below $2,000 in 2017
The average US household expenditure on gasoline in 2017 is expected to total $1,977, or approximately 2.4% of mean incomes of households, according to projections in EIA’s most recent Short-Term Energy Outlook (STEO).
India cuts excise duty on petrol and diesel
NEW DELHI (Reuters) — India on Tuesday cut excise duty on petrol and diesel by two rupees a liter to protect retail consumers from higher global crude oil prices, the government said.
EIA: State taxes on gasoline in 2017 up 4.5% from 2016
In EIA’s latest update of state gasoline and diesel fuel taxes data, the simple average of taxes and fees on gasoline levied by the states and the District of Columbia in effect as of July 1, 2017, was 27.9 cents per gallon (cents/gal), up 4.5% from the same time last year.
Puma Energy doubles fuel distribution in Puerto Rico after hurricane
MEXICO CITY (Reuters) — Puma Energy this week doubled its fuel sales to Puerto Rico's gas stations and industrial customers, aiming to ease long lines for gasoline and diesel that have persisted since Hurricane Maria struck earlier this month, a top executive said on Friday.
Industry Metrics
US product crack spreads surged amid refinery outages as Hurricane Harvey affected US Gulf Coast (USGC) refinery operations.
European sales of gasoline-powered cars overtake diesel
LONDON (Reuters) — Sales of gasoline-powered cars have overtaken diesel in the first half of this year for the first time since 2009, the European Automobile Manufacturers Association (ACEA) said this week.
Fuel imports, distribution in Puerto Rico starts to unclog
(Reuters) — Shipments of gasoline and diesel into Puerto Rico have resumed after Hurricane Maria, with ports restarting operations, though there were still long fuel lines around the island on Thursday, according to traders and Thomson Reuters tracking data.
Brazil's Petrobras board approves listing fuel distribution arm
SAO PAULO (Reuters) — The board of Brazilian state-controlled oil company Petróleo Brasileiro SA voted to list its fuel distribution unit on the São Paulo Stock Exchange, according to a securities filing on Thursday.
US fuel exports recover after Harvey, offering buyers respite
LONDON/HOUSTON (Reuters) — Fuel exports from the US Gulf Coast have surged as refineries recover from weeks of disruptions due to Hurricane Harvey, offering respite to buyers in Latin America and Europe.
- INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy 6/17
- Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion 6/17
- China's May refinery throughput at 9-month low on plant overhauls (1) 6/17
- bp completes turnaround work at 250,000-bpd refinery in Washington (U.S.) 6/17
- Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown 6/17
- UPM Biochemicals receives triple sustainability certification for the Leuna biorefinery 6/17
