Gasoline
China's Sinopec plans steady refinery output on fuel recovery
Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the second half of 2023 as domestic fuel demand recovers, after reporting a 20% decline in interim profit because of lower crude oil prices.
Total spending on fuel subsidies topped $7 T in 2022, IMF says
Global subsidies for fossil fuels rose by $2 T over the past two years to reach a record $7 T in 2022, according to new estimates from the International Monetary Fund.
Oil down 1% as weak U.S. gasoline demand offsets big draw in crude stocks
Oil prices were down 1% as a build in US gasoline stocks fed worries about demand after Japan and Europe posted gloomy manufacturing data.
Marathon Petroleum implements Topsoe technology at Martinez renewables facility
Marathon Petroleum’s refinery in Martinez, California (U.S.), has been repurposed to produce renewable diesel--using Topsoe's HydroFlex technology--through the company’s joint venture with Neste.
Los Angeles (U.S.) refineries mostly unaffected by Hurricane Hilary
The five refineries in Los Angeles, California (U.S.) came through Hurricane Hilary's wind and heavy rain mostly unaffected.
Singapore's middle distillates stocks rise as imports from India emerge
Singapore's middle distillates inventories clawed back earlier weeks' of losses and rose on higher gasoil imports, with Indian-origin cargoes arriving for the first time in more than three months.
Summer Midwest distillate inventories rise amid high production and transit constraints
Midwest distillate inventories increased rapidly in June and early July due to increased regional refinery production and limitations on moving distillate and other products outside the region.
U.S. gasoline prices at year high, tight supply weighs on motorists
U.S. motorists hoping to squeeze out one last trip before the Labor Day holiday and school begins are finding pump prices that have surged to their highest level this year on tighter gasoline supplies.
Syria slashes gasoline subsidy, boosts public-sector salaries
Syria has raised prices of gasoline and other petroleum products again, officials and state media said, as the government gradually lifts subsidies to boost public finances in an economy strained by an over decade-old war.
Petrobras CEO says no pressure from govt on fuel prices
Brazil's Petrobras was not pressured by the federal government to refrain from raising local fuel prices, its CEO said, after the state-run oil company announced a major hike in gasoline and diesel prices to track an "abrupt" global spike.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries