Gasoline
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.
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.
- 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
- 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
- HyOrc and Acetech partner to develop waste-to-green methanol facility in the UK 7/1
