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Gasoline

Sinopec overhauls fuel buying policy in new blow to teapots

BEIJING (Reuters) -- Asia's top refiner Sinopec Corp said on Tuesday that it will begin buying gasoline and diesel fuel from third parties through its central office in Beijing, a move that puts further limits on China's independent oil refiners.

Skytanking awarded aviation fuel storage, hydrant management contract at Munich Airport

HAMBURG – Skytanking Holding GmbH is pleased to announce that its subsidiary Skytanking Munich GmbH & Co KG has signed a 6-year contract with Flughafen München GmbH to operate the aviation fuel storage and hydrant system at Munich Airport.

Vitol reports record volumes as gasoline trade booms

(Reuters) -- Vitol's annual traded volumes rose 16% in 2016 to a new record as the world's largest independent energy trader sold more gasoline and diesel in markets such as the United States and Australia.

Gasoline floats outside Europe as traders bet on profit spike

LONDON (Reuters) -- Cargoes of floating gasoline are building off the shores of Europe as margins hold near their lowest level seasonally since 2009, traders and market sources told Reuters.

Venezuelans line up for gasoline as OPEC nation's oil industry struggles

CARACAS/PUNTO FIJO, Venezuela (Reuters) -- Grumbling Venezuelans were lining up for scarce gasoline across the OPEC nation on Wednesday, due to mounting oil industry woes in the country with the world's largest crude reserves.

China Feb gasoline exports jump to 2nd-highest on record, imports plunge

BEIJING (Reuters) -- China's gasoline exports in February climbed to their second-highest monthly level on record as refiners increasingly turn to exports to Asian markets to drain a domestic supply glut that almost wiped out imports altogether.

HES International signs contract with BP to develop tank terminal at Rotterdam refinery

HES International is developing a tank terminal for the storage and transhipment of petroleum products and biofuels at the Hartelstrook, on the south side of the Mississippi harbour at Maasvlakte.

Clariant launches new phosphoric acid catalyst for fuel upgrading

MUNICH – Clariant, a world leader in specialty chemicals, today announced the launch of PolyMax 850, a catalyst for petroleum refineries. The new phosphoric acid catalyst increases polygasoline, nonene and tetramer yields at lower operating temperatures, reducing costs and boosting productivity. Compared to previous generations of the PolyMax series, the new catalyst offers an even longer service life.

Russia to add more gasoline refining capacity in 2017

MOSCOW (Reuters) -- Five Russian refineries are expected to finish upgrades of their gasoline production units this year, with the new capacity potentially allowing Russia to boost exports of high-octane gasoline, according to Reuters calculations and trading sources.

Latin America struggles to stem pricey fuel imports

HOUSTON (Reuters) -- Latin American countries are becoming more reliant on costly fuel imports amid floundering efforts to bolster domestic oil output and expand refinery capacity.