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Gasoline

How North Korea gets its oil from China: lifeline in question at UN meeting

BEIJING (Reuters) -- As the United Nations Security Council decides whether to tighten the sanctions screws on North Korea, the country's increasingly isolated government could lose a lifeline provided by state-owned China National Petroleum Corp (CNPC).

US crude inventories fall, products build as refining jumps

(Reuters) -- US crude oil inventories fell sharply and stockpiles of gasoline and distillates jumped last week as refineries hiked production rates to the highest since November 2015, the Energy Information Administration said on Wednesday.

Prices stable but visitors see some gas stations shut in N. Korea

SEOUL (Reuters) -- Some of North Korea's state-run petrol stations are restricting sales or appear to have closed, visitors said on Wednesday, ahead of a UN Security Council meeting to discuss tougher sanctions on the isolated state that could include curbs on oil imports.

TomTom, BP partner to ‘help BP customers boost fleet efficiency’

AMSTERDAM, The Netherlands -- BP FleetMove combines fuel transaction information from BP fuel cards with driver behavior data from the TomTom Telematics Service Platform in one, easy-to-use interface.

SPATCO Petroleum Solutions expands to southeast US with new facility

CHARLOTTE, N.C. -- SPATCO Petroleum Solutions, a wholly owned division of SPATCO Energy Solutions, announced the opening of a new facility in Memphis, Tennessee. The new facility is the company's third expansion in the last 18 months.

China exports record diesel volumes in March

BEIJING (Reuters) -- China exported record volumes of diesel in March and boosted sales of gasoline and kerosene as refiners continued to turn to foreign markets to offload their excess product, while liquefied natural gas imports also jumped, customs data showed on Sunday.

Loblaw to sell gas station business for $402 MM

(Reuters) -- Canadian grocery and pharmacy retailer Loblaw Cos Ltd said on Wednesday it would sell its gas station business to asset manager Brookfield Business Partners LP for about $402.17 MM.

Parkland Fuel to buy Chevron Canada's downstream fuel business

(Reuters) -- Chevron Corp, the second-largest US-based oil company, sold its Canadian gasoline stations and refinery in British Columbia to Parkland Fuel Corp, a marketer of petroleum products, for $1.09 B.

Utah establishes gasoline and diesel refinery exemption

DALLAS -- Utah Governor Gary Herbert signed Senate Bill 197—effective Jan. 1, 2018—establishing an exemption for the purchase or lease of machinery, equipment, normal operating repair or replacement parts, catalysts, chemicals, reagents, solutions or supplies used or consumed by a refiner who owns, leases, operates, controls or supervises a refinery used to produce gasoline or diesel fuel.

EIA: US retail gasoline prices this summer expected slightly higher than 2016

Drivers in the US will pay an average of $2.46 per gal this summer for regular gasoline, according to forecasts in EIA’s Short-Term Energy Outlook (STEO). Gasoline prices from April through September are expected to be 23 cents/gal higher than the average price last summer, but this price is still nearly 70 cents/gal below the previous five-year average. The gasoline price increase this summer primarily reflects slightly higher forecast crude oil prices.