Gasoline
Exxon says to open gas stations in Mexico, invest $300 MM
MEXICO CITY (Reuters) -- ExxonMobil Corp announced it will bring its Mobil-brand gas stations to Mexico, pumping $300 MM in the coming decade as it seeks to gain a foothold in the country's retail fuel market.
Glencore agrees JV deal to supply Mexican fuel stations
LONDON (Reuters) -- Mining and commodities trading group Glencore is jumping into Mexico's recently opened energy sector, one of the hottest investment tickets in the industry, by setting up a retail station franchise and fuel supply deal with local group Corporacion G500 SAPI (G500), it said on Thursday.
Nigeria's NNPC finalizing $6 B worth of oil-for-product swaps
LONDON (Reuters) -- Nigeria's state oil company is in the final stage of signing $6 B worth of deals to exchange more than 300,000 bpd of crude oil for imported gasoline and diesel, sources with direct knowledge of the process told Reuters.
Unipec, Vitol set to supply Bangladesh with fuel in H2 2017
DHAKA/SINGAPORE (Reuters) -- Bangladesh Petroleum Corp has received offers from 11 companies for fuel supplies in the second half of the year, with Unipec and Vitol looking set to win the tender with the lowest offers on middle distillates and fuel oil, a BPC official said.
US motorists on roads for Memorial Day weekend to be highest since 2005
NEW YORK (Reuters) -- The number of Americans traveling by car for the Memorial Day holiday will hit a 12-year high this year, fueled by a growing economy and relatively low gasoline prices, the nation's largest motorists' advocacy group said on Wednesday.
Colombia's Ecopetrol looks to invest in Latam light crude projects
BOGOTA (Reuters) -- Colombian state oil company Ecopetrol said on Friday it will focus its efforts over the next 18 months on purchasing light crude projects in other Latin American nations, taking advantage of nearly $6 B in cash it held at the end of the first quarter.
Fire triggered by suspected fuel thieves kills four in Mexico
MEXICO CITY, (Reuters) -- A fire sparked by suspected fuel thieves killed four people and forced Mexico's state oil company Pemex to temporarily halt pumping operations along a pipeline in the country's violent eastern state of Veracruz, the company said on Saturday.
ANL, NREL receive funding to blend Gevo isobutanol with gasoline
ENGLEWOOD, Colo. -- Gevo, Inc. announced that it was selected to collaborate with researchers at the US Department of Energy (DOE) as part of DOE’s Small Business Vouchers (SBV) program.
EIA: Fuel economy improvements projected to reduce future gasoline use
Gasoline demand is a function of the fuel economy of the vehicle fleet and the total number of miles driven. Over time, fuel economy of the vehicle stock (those in use) changes as a result of market developments and changes in fuel economy standards for new vehicles. Additional complexities arise from changing vehicle designs and how vehicles are classified.
UN reports sharp drop in Cuban exports of refined oil products
HAVANA/HOUSTON (Reuters) -- Cuban exports of refined oil products fell about 97% between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela.
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- Tribunal rejects TC Energy's $15-B claim for Keystone XL 7/17
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