Gasoline
EIA: Propane exports drove 2016 US petroleum product export growth
In the first half of 2016, the US exported 4.7 MMbpd of petroleum products, almost 10 times the crude oil export volume, an increase of 500 Mbpd over the first half of 2015.
IndianOil and USTDA sign an agreement to promote cleaner fuels in India
The US Trade and Development Agency and IndianOil will jointly work to explore cleaner fuels.
Honeywell UOP introduces ionic liquids alkylation technology
Honeywell UOP has introduced a new alkylation technology to the refining industry, developed by Chevron, that employs ionic liquids as a catalyst to produce high-octane motor fuels.
Southeastern US Colonial pipeline safely restarted
Colonial Pipeline Co. said its main gasoline line, Line 1, was safely restarted and returned to service Wednesday after its biggest leak in nearly two decades squeezed supply in the southeastern US.
EIA: Colonial pipeline shutdown disrupts gasoline supply in the southeast
A partial shutdown of the Colonial pipeline system, a major source of transportation fuels to the Southeast, has disrupted gasoline supplies, leading to higher prices and product shortages in parts of the region.
Hedge funds pile into gasoline amid pipeline, refinery woes
Money managers have amassed their largest bullish position in US gasoline in more than three months as pipeline and refinery outages send futures and pump prices of the motor fuel soaring.
Chinese gasoil exports may hit Asia refiner margins for rest of year
Asian gasoil distillates refining margins are likely to remain bearish for the next few months on larger than usual exports from China.
EIA: Regional refining capacity makes US major importer and exporter of gasoline
The US simultaneously imports and exports gasoline, because of regional differences in gasoline supply and demand balances.
API: Moving point of obligation does not fix the RFS
API Downstream Group Director Frank Macchiarola reminded policymakers that the Renewable Fuel Standard mandate needs to be repealed or significantly reformed.
China fuel exports cast Q4 pall over global oil products
China's state oil refiners are readying to export more diesel and gasoline in coming months in an already saturated global market.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
