Diesel
Petrobras to review diesel, gasoline prices more frequently
SAO PAULO (Reuters) — Brazilian state-controlled oil company Petróleo Brasileiro SA on Friday announced it will review diesel and gasoline prices more frequently, potentially even on a daily basis.
Taiwan's Formosa may not export spot diesel until Q4
SINGAPORE (Reuters) — Taiwan's Formosa Petrochemical Corp may not export any diesel in the spot market until the fourth quarter of this year, potentially boosting margins for the fuel, industry sources said on Thursday.
Egypt raises fuel prices by up to 50% under IMF deal
CAIRO (Reuters) — Egypt on Thursday hiked fuel prices by up to 50% to help meet terms of a $12 B IMF loan deal, a sharper rise than expected by many struggling with soaring living costs and a further test of President Abdel Fattah al-Sisi's popularity.
Unipec, Vitol win tender to supply oil products to Bangladesh
DHAKA (Reuters) — Unipec and Vitol have won a tender to supply oil products to Bangladesh, two government sources with direct knowledge of the matter said on Wednesday.
EIA: US exports of crude oil, petroleum products more than doubled since 2010
US crude oil and petroleum product gross exports have more than doubled over the past 6 yr, increasing from 2.4 MMbpd in 2010 to 5.2 MMbpd in 2016. Exports of distillate, gasoline, propane and crude oil have all increased, but at different paces and for different reasons.
Germany to create national diesel forum to cut emissions
BERLIN (Reuters) — Germany's transport and environment ministers announced a joint plan on Tuesday to find ways to reduce pollution from diesel engines, which has become a sensitive subject since the Volkswagen emissions scandal.
Berlin demands costly German recall of 12 MM diesel cars
BERLIN (Reuters) — Germany's Transport Ministry is in talks with car manufacturers about updating the engine management software of up to 12 MM diesel vehicles, people familiar with the talks told Reuters on Monday.
EIA: US crude, petroleum product exports rising, trends vary across products
US total crude oil and petroleum product exports more than doubled from 2.4 MMbpd in 2010 to 5.2 MMbpd in 2016. While exports of distillate, gasoline, propane and crude oil have all contributed to the increase, growth rates and market drivers for each product have varied during this period.
Egypt sends fuel for Gaza's only power plant as Hamas links thaw
GAZA (Reuters) — Egypt sent fuel on Wednesday to the Gaza Strip's only power plant to help alleviate an energy crisis that has left the Palestinian enclave's two million residents with less than 3 hr of electricity per day.
Chinese state oil giants take petrol price battle to the pumps
LULIANG, China (Reuters) — Chinese state oil giants Sinopec and PetroChina are waging war at the nation's gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 B retail fuel market.
- Studi Tecnologie Progetti S.p.A. signs agreement to upgrade Attock refinery in Pakistan for $600 MM 7/1
- Maire's NEXTCHEM awarded engineering contract for Pacifico Mexinol's $3.3-B, 2.1-MMtpy low-carbon methanol project 7/1
- Axens, IFPEN, and SMS group Launch Carboverseo™: Essential Technology for e-fuels deployment 7/1
- BASF closes purchase of DOMO Chemicals’ shares in Alsachimie JV 7/1
- deugro completes another equipment shipment for INEOS' Project One project in Belgium 7/1
- Shell renews contract with Cyberhawk, enabling a global visualization and data integration platform across its portfolio 7/1
