Gasoline
Sempra Energy awarded $155 MM liquid fuels project in Veracruz
SAN DIEGO — Sempra Energy announced that its Mexican subsidiary, Infraestructura Energética Nova, S.A.B. de C.V. (IEnova), has been awarded a 20-yr contract by the Veracruz Port Administration in Mexico to build and operate a receipt, storage and send-out liquid fuels marine terminal on the Mexican Gulf Coast.
Dutch competition watchdog investigates possible shipping fuel cartel
AMSTERDAM (Reuters) — The Dutch competition watchdog said on Wednesday it was investigating a possible illegal, price-fixing cartel by fuel companies in ports in the Netherlands and Belgium.
France to end sale of diesel and gasoline vehicles by 2040
PARIS (Reuters) — France aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 yr later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up momentum on the Paris climate agreement.
Bangladesh LNG drive likely to hit its diesel, fuel oil demand
SINGAPORE/DHAKA (Reuters) — Bangladesh's plan to start importing LNG next year will likely dampen its demand for oil used in power generation, government and industry sources said.
Pakistan State Oil seeks 905 Mt of oil products for September
SINGAPORE (Reuters) — Pakistan State Oil is seeking 905,000 t of gasoline and fuel oil for September, three tender documents showed on Wednesday.
Refining: Fuel processing vs. imports in East Africa: Will new refinery plans be realized?
Many analysts believe that Africa will remain a net importer of petroleum products for the foreseeable future. However, a few countries in the region have plans in place to build new refineries.
Industry Metrics
US gasoline crack spreads continued to rally, but were offset by supply-side pressure as higher refinery runs contributed to increased inventories.
Petrobras to review diesel, gasoline prices more frequently
SAO PAULO (Reuters) — Brazilian state-controlled oil company Petróleo Brasileiro SA on Friday announced it will review diesel and gasoline prices more frequently, potentially even on a daily basis.
US thirst for European gasoline stalls, casting shadow on demand
LONDON (Reuters) — Europe's steady exports of gasoline to the United States have slowed substantially this year as tanks filled in the world's largest consumer nation and once-meteoric demand growth slowed.
Egypt raises fuel prices by up to 50% under IMF deal
CAIRO (Reuters) — Egypt on Thursday hiked fuel prices by up to 50% to help meet terms of a $12 B IMF loan deal, a sharper rise than expected by many struggling with soaring living costs and a further test of President Abdel Fattah al-Sisi's popularity.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
