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Gasoline

Asian refiners to raise gasoline output, cut diesel to ease oversupply

Several Asian refiners are likely to maximize gasoline output from May and reduce gasoil output, cashing in on higher profits for the motor fuel ahead of the peak summer driving season.

AFPM: EPA vehicle proposal will “effectively ban gasoline and diesel vehicles,” advantaging China

EPA’s vehicle GHG proposal should be revised to account for lifecycle emissions, promote tech neutral competition and uphold consumer choice.

Biden-Harris administration proposes strongest-ever pollution standards for cars and trucks

The U.S. Environmental Protection Agency announced new proposed federal vehicle emissions standards that will accelerate the ongoing transition to a clean vehicles future and tackle the climate crisis.

India's March fuel demand soars on robust economic activity

India's fuel consumption jumped to a record high in March fueled by robust economic activity in the world's third biggest oil consumer.

Brazil inflation seen staying high in March on rising gasoline costs

Brazil's inflation likely stayed high in March on rising gasoline bills, reigniting cost of living problems in the country's stagnant economy and probably stoking more disagreement over policy.

Exxon says its decarbonization business could outgrow oil, in multi-trillion market

Exxon Mobil Corp's Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now.

Australia heads for second year of record gasoline, diesel imports

Australia's gasoline and diesel imports are expected to rise 2% to hit a record for a second straight year due to a drop in domestic production and a post-COVID economic recovery boosting fuel demand.

Portugal's EDP to stick with EV charging target after EU e-fuel compromise

Portugal's largest utility, EDP, said a compromise by the European Commission to allow the sale of cars running on e-fuels after 2035 would not impact the company’s target to roll out electric vehicle charging stations.

With strict targets looming, European aviation races to make green fuel

Energy giant Repsol has bought into Europe's drive for green jet fuel but believes the $217-MM plant it is building in southeast Spain faces a bumpier ride than if it was on the other side of the Atlantic.

What are e-fuels, and can they help make cars CO2-free?

Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels.