Gasoline
Mexico's Pemex says explosion at fuel storage facility injures 8
MEXICO CITY (Reuters) -- At least eight people were injured on Wednesday by explosion at a Pemex fuel storage and distribution facility near the state-owned oil company's Salamanca refinery, in the central Mexican state of Guanajuato, Pemex said on Twitter.
Motorists in US drove 2.2% more miles in January vs last year
NEW YORK (Reuters) -- Motorists traveled 242.3 billion miles on US roads and highways in January, a 2.2% increase over the same period last year, according to US Department of Transportation figures released on Wednesday.
EIA: Midwest, Rocky Mountain regions' production of transportation fuels meeting more of demand
Changes in North American energy markets over the past decade have strengthened the supply of transportation fuels, including motor gasoline, distillates, and jet fuel, in the Midwest and Rocky Mountain regions, according to a new study commissioned by EIA.
Oil trading giant Vitol bets on fuel retail for growth
LONDON (Reuters) -- From Pakistan to Turkey, the world's largest independent oil trader Vitol is betting on a spike in gasoline and diesel demand in young and growing nations by snapping up filling stations that disappointed oil companies are prepared to sell.
BP plans entry into Mexico's once-closed retail gasoline market
MEXICO CITY (Reuters) -- Motorists will be able to fill up their gas tanks at about 1,500 new BP service stations the oil major plans to open across Mexico over the next five years, company executives said on Thursday.
EIA: Midwest, Rocky Mountain regions increasingly self-sufficient in fuel production
A new study, commissioned by the US Energy Information Administration (EIA), finds that changes in North American energy markets over the past decade have strengthened the supply of transportation fuels including motor gasoline, distillates, and jet fuel in the Midwest and Rocky Mountain regions.
EIA: US crude stocks jump, gasoline inventories plunge
(Reuters) -- US crude oil inventories surged last week to another record high, while gasoline stocks went the other direction, posting their largest one-week drop in nearly six years, the Energy Information Administration said on Wednesday.
E.ON blames costs beyond its control for UK fuel price hike
LONDON (Reuters) -- E.ON UK will raise its standard variable dual-fuel prices by 8.8% from April 26, affecting around 2.5 million customers, the British arm of German utility E.ON said.
Industry Metrics
The European market saw stronger domestic demand amid gasoline export opportunities to West Africa and higher volumes of naphtha and fuel oil to Asia, fed by continued strong demand in that region. After recovery from the impact of the Colonial Pipeline outage, US refinery runs have risen, mainly in the USGC, taking advantage of stronger export opportunities and ahead of the spring maintenance season.
Business Trends: Africa—Will increasing demand spark downstream capacity builds?
Over the past decade, Africa’s oil demand has increased by more than 1 MMbpd, to nearly 3.9 MMbpd. Africa’s oil production is more than double the amount it consumes, but lack of investment, failing infrastructure and inadequate refining capacity force the continent to rely on imports to satisfy increasing fuel demand.
- Rompetrol completes DCU project at Petromidia refinery 7/17
- U.S. SAF production forecast to eclipse 50,000 bpd by 2026 7/17
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Tribunal rejects TC Energy's $15-B claim for Keystone XL 7/17
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
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- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
