Gasoline
EU clears Statoil to buy Shell’s Danish fuels unit
The European Commission had been concerned that the deal could have led to Danish consumers paying more for their fuel, diesel, gasoline and light heating oil.
US gasoline inventories fall as refiners cut rates
Refinery crude runs fell by 176,000 bpd, while utilization rates dropped by 0.6 percentage points. Gasoline stocks fell by 4.6 million bbl, well above expectations for a 1.5-million bbl drop.
Britain sees first sustained improvement in fuel consumption since 2007
More traffic is resulting in the first sustained increase in fuel consumption since 2007, a development welcomed by refiners and retailers but which complicates the government's climate plans.
US on track for record summer gasoline demand
Recent data indicates the country is on track for its biggest-ever driving season this summer, which will keep refineries running flat-out turning crude into the motor fuel.
Nigeria turns to crude swaps to ease domestic gasoline shortages
While the country is Africa's biggest oil producer, it is almost entirely reliant on imports for oil products, especially gasoline, after successive governments allowed its refineries to fall into disrepair.
India’s thirst for gasoline drives global oil demand
With other parts of the global economy struggling, continued growth in gasoline consumption in India has become one of the most important indicators for global oil prices.
Crude sets new 2016 highs as US expects strong summer fuels demand
"We are leaving the period of low demand and starting to move toward the period when demand increases over the summer," said Olivier Jakob, oil market analyst at Petromatrix in Switzerland.
Brazil sees ethanol, diesel sales plunge from 2015; gasoline drops less
Diesel sales fell 6.6% in the two first months of the year versus similar period in 2015, reflecting reduced economic activity as Brazil faces its worst recession in decades.
Indian Oil raises fuel costs to reflect global prices
India's three state-controlled oil companies, IOC, Bharat Petroleum and Hindustan Petroleum, tend to adjust retail prices of fuels in concert.
EIA: Gasoline, distillate stockpiles drop in US amid high demand for fuels
Gasoline demand over the past four weeks was up 6.4% from a year ago at 9.4 million bpd. Distillate stockpiles, which include diesel and heating oil, fell 1.1 million bbl, in line with expectations
- 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
