Gasoline
China exports record diesel volumes in March
BEIJING (Reuters) -- China exported record volumes of diesel in March and boosted sales of gasoline and kerosene as refiners continued to turn to foreign markets to offload their excess product, while liquefied natural gas imports also jumped, customs data showed on Sunday.
Loblaw to sell gas station business for $402 MM
(Reuters) -- Canadian grocery and pharmacy retailer Loblaw Cos Ltd said on Wednesday it would sell its gas station business to asset manager Brookfield Business Partners LP for about $402.17 MM.
Parkland Fuel to buy Chevron Canada's downstream fuel business
(Reuters) -- Chevron Corp, the second-largest US-based oil company, sold its Canadian gasoline stations and refinery in British Columbia to Parkland Fuel Corp, a marketer of petroleum products, for $1.09 B.
Utah establishes gasoline and diesel refinery exemption
DALLAS -- Utah Governor Gary Herbert signed Senate Bill 197—effective Jan. 1, 2018—establishing an exemption for the purchase or lease of machinery, equipment, normal operating repair or replacement parts, catalysts, chemicals, reagents, solutions or supplies used or consumed by a refiner who owns, leases, operates, controls or supervises a refinery used to produce gasoline or diesel fuel.
EIA: US retail gasoline prices this summer expected slightly higher than 2016
Drivers in the US will pay an average of $2.46 per gal this summer for regular gasoline, according to forecasts in EIA’s Short-Term Energy Outlook (STEO). Gasoline prices from April through September are expected to be 23 cents/gal higher than the average price last summer, but this price is still nearly 70 cents/gal below the previous five-year average. The gasoline price increase this summer primarily reflects slightly higher forecast crude oil prices.
Oiltanking acquires terminal in Texas City
HOUSTON — Oiltanking North America, LLC announced the acquisition of the Oiltanking Galveston County (OTGAL) terminal.
Uniper's ULSFO facility in Fujairah sends cargoes to Europe, Asia
DUBAI (Reuters) -- Supplies of ultra-low-sulfur fuel oil (ULSFO) from the United Arab Emirates are becoming commonplace as Uniper ramps up production at its Fujairah facility, commissioned since the start of the year.
Low-sulfur gasoil deliveries for April rise at expiry
(Reuters) -- Deliveries of low-sulfur gasoil for April rose to 3,340 lots, or 334,000 t, InterContinental Exchange data showed on Wednesday.
Indian state refiners to revise fuel price in 5 cities daily from May 1
NEW DELHI (Reuters) -- India's state-owned fuel retailers plan to implement daily revision of fuel price in five cities from May 1 ahead of a nationwide roll out of the scheme, industry sources said.
Facing fuel shortage in Cuba, Havana diplomats roll up sleeves
HAVANA (Reuters) -- When they are not tending to international affairs, diplomats based in Havana can be found these days stewing in interminable queues at gas stations and concocting ways to increase the octane in fuel as Cuba's premium gasoline shortage takes its toll.
- 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
