Gasoline
Tanzania hikes fuel prices on weaker currency, crude costs
DAR ES SALAAM (Reuters) -- Tanzania's energy regulator raised maximum retail prices of petrol and diesel on Monday, citing higher international costs for both crude and refined products and a weaker local currency, a move expected to exert upward pressure on inflation.
Industry Metrics
Asian refinery margins remained healthy ahead of the spring maintenance season, despite a slight fall due to signs of a bearish gasoline market.
Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry
Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.
Refining: Uncertainty grips South Africa’s Clean Fuels Program
The planned upgrading of oil refineries in South Africa to produce Euro 5-specified fuels will likely take longer than initially anticipated.
Calculate gasoline RVP seasonal change giveaway economics
Despite high demand and depressed refining margins, the US is in the midst of a glut of gasoline. This predicament is causing a rush to convert summer gasoline into cheaper winter gasoline, in the hope that using cheap butane and higher Reid vapor pressure (RVP) specs will increase refining profits.
Hit by Venezuela shortage, Cuba to restrict premium gasoline sales
HAVANA (Reuters) -- Cuba will stop selling premium grade gasoline except to tourists starting Saturday due to a fuel crunch affecting Venezuela, its oil-rich ally and key trading partner.
PDVSA manager arrested in Venezuela fuel corruption probe
CARACAS (Reuters) -- Venezuela has arrested a senior manager of state oil company PDVSA on suspicion of "irregularities" in contracts to supply fuel to the domestic market, authorities said on Wednesday.
California would increase fuel taxes under $52-B road repair plan
SACRAMENTO, Calif. (Reuters) -- California would increase gasoline taxes and other transportation-related fees for the first time in decades to fund an ambitious $52 B plan to repair the state's sagging infrastructure under a deal announced Wednesday.
ADNOC seeks gasoline in second tender after January fire
SINGAPORE (Reuters) -- Abu Dhabi National Oil Co (ADNOC) is seeking a total of 316,000 t of gasoline for shipment in May and June to help make up for a shortfall in its own production following a fire in January at its Ruwais refinery, traders said on Tuesday.
India's top refiner to supply fuels to Nepal for five years
NEW DELHI (Reuters) -- Indian Oil Corp has agreed to supply refined products to Nepal for the next five years to meet all the fuel needs of the landlocked Himalayan nation, officials said on Monday.
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