Gasoline
Ensyn wins EPA’s approval on renewable gasoline
RFGasoline, a drop-in gasoline transportation fuel, is created by processing Ensyn's renewable crude (RFO), a liquid cellulosic feedstock for refiners, with customary petroleum feedstocks.
Eni sells Slovenian downstream business to MOL
MOL signed an agreement with Eni relating to the acquisition of Eni’s entire retail network and wholesale activities in Slovenia. Investment terms were not disclosed.
HP Industry Metrics
A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall.
HP Industry Metrics
High US refinery utilization rates have continued, encouraged by strong gasoline demand amid lower crude prices.
Gevo completes first US marine sales of gasoline blended with isobutanol
Gevo's bio-based isobutanol helps meet renewable fuel and clean air standards, while solving concerns that many boaters have with ethanol-blended fuels, which can damage internal engine parts.
API: New EIA report shows US crude oil exports could lower fuel costs
“The EIA report provides a final, non-partisan confirmation that ‘70s-era trade restrictions on US oil are bad for American consumers,” said Kyle Isakower, the API's vice president of regulatory and economic policy.
Central America: A downstream outlook to 2020
Due to the growth in the region’s middle class, Latin America has seen tremendous petroleum products demand growth over the past decade.
HP Industry Metrics
The US product market continued to reflect a surge in domestic gasoline demand, allowing gasoline cracking spreads to hit levels not seen in more than two years.
Seasonal demand, output of US refined products hits eight-year high: API
“Demand for and production of oil and refined products grew across the board over the last year,” said API chief economist John Felmy. “In fact, demand for and production of oil and refined products were the highest July in eight years, since 2007.”
UOP technology drives China’s first dual plants for propylene, isobutylene
The new unit, which is the first of three in China, uses Honeywell UOP’s C3/C4 Oleflex process technology to produce propylene, a building block for making plastics, packaging and synthetic fiber, and isobutylene, a component used for high-octane gasoline and synthetic rubber.
- 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
