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Gasoline

Irving Oil announces expansion of its terminal network in Nova Scotia

HALIFAX -- Irving Oil announced that it has entered into a purchase agreement to acquire four inland storage facilities in Nova Scotia from Valero Energy Inc.

Nigeria central bank to auction dollars for fuel import

LAGOS (Reuters) -- Nigeria's central bank has asked banks to submit bids for a "special currency auction" targeting fuel importers to meet demand for matured letters of credit, traders said on Monday.

Delta Air to sell gasoline and diesel as losses at its refinery climb

NEW YORK (Reuters) -- Delta Air Lines Inc is preparing to market gasoline from a refinery it owns outside Philadelphia, signaling a shift in strategy toward managing the plant as a commercial refiner rather than a dedicated jet fuel supplier.

Business Trends: Global refining overview—Part 4

Hydrocarbon Processing Staff: Nichols, Lee

Throughout its overview series of the global refining industry, <i>Hydrocarbon Processing</i> has provided a look at the state of the refining industry, new project developments, demand outlooks for the refining sector and the move to low-sulfur fuels. The previous sections have taken a detailed look at the refining sectors of Asia-Pacific, North America and South America. This fourth and final installment analyzes major trends in Africa, Europe and the Middle East, and offers data on planned refinery capacity additions, upgrades and grassroots facilities.

Industry Metrics

Stronger demand and falling inventories allowed US gasoil cracking spreads to recover, while gasoline was supported by outages.

KP Engineering to provide process engineering services

KP Engineering will provide process engineering services to a mid-continent refiner as part of a FCCU study.

Brazil's Petrobras to cut diesel, gasoline prices as oil falls

State-controlled Petróleo Brasileiro SA said it plans to cut diesel and gasoline prices at the refinery point, following a decline in oil prices.

China sets export tax rebate for refined fuel at 17%

China has raised the export tax rebate for gasoline, diesel and jet fuel to 17%, effective from November 1, 2016.

Colonial Pipeline restarted Line 1 on Sunday

Colonial Pipeline said Line 1 began shipping gasoline between Houston and Linden, New Jersey, on Sunday morning for the first time since a deadly October 31 explosion and fire near Helena, Alabama.

EIA: US summer gasoline consumption sets new high

The consumption of US finished motor gasoline reached a new high of 9.7 MMbpd in June 2016, surpassing the previous one-month high of 9.6 MMbpd set in July 2007.