Gasoline
Indian refiners cancel palm oil orders for July-September as prices surge
Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices.
EIA: U.S. crude inventories fall by most in a year, fuel stocks build
U.S. crude oil stockpiles fell sharply last week, posting their largest decline in a year, while gasoline and distillate inventories rose.
Ukrainian MPs allow sale of petrol without mandatory 5% bioethanol until January 1
Ukraine's parliament has until the end of this year temporarily authorized the sale of petrol without the mandatory 5% bioethanol content, cancelling fines and other penalties for companies selling such petrol.
Russia boosts railway gasoline exports by a quarter in January–May
Russia increased gasoline exports by railway by a quarter year-on-year between January and May to around 2.51 MM tonnes (t) on an easing fuel embargo.
China's May refinery throughput at 9-month low on plant overhauls (1)
China's crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official data showed on Monday, as maintenance at both state-owned and independent refineries curbed operations.
U.S. Senate bill would shrink tax credit for biofuels made from foreign feedstocks
U.S. Senate Republicans proposed a tax bill that would extend a clean fuel tax credit through 2031, but trim 20% of the value of the credit for biofuels made from feedstocks produced outside of the U.S.
Algeria launches $7-B investment plan to expand hydrocarbon processing
Algeria has allocated a $7-B investment portfolio for major industrial projects aimed at increasing the conversion rate of hydrocarbons into higher value-added products from 32% to 50% in the next 5 yr.
EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases
U.S. crude stocks fell last week as refining activity picked up, driving gasoline and distillate inventories higher.
Private refiners tap India's drivers as export markets tighten
India's two major private-sector refiners, which have long prioritized exports, are turning to local sales, grabbing share in the country's fast-growing $150-B fuel retail market as weaker global demand squeezes profit margins offshore.
U.S. Senate Republicans propose eliminating fuel economy fines for automakers
U.S. Senate Republicans on Thursday proposed eliminating fines for failures to meet Corporate Average Fuel Economy rules as part of a wide-ranging tax bill - the latest move aimed at making it easier for automakers to build gas-powered vehicles.
- Borouge, Borealis, CFF and PMS join forces to study polyolefin recycling ecosystem in Indonesia 2/10
- bp's Gelsenkirchen refinery attracts buyer's interest from Klesch 2/10
- Fertiglobe, Covestro and TA’ZIZ sign MoU to explore strategic ammonia collaboration 2/9
- S-Oil signs nearly $4-B PE marketing deal with SABIC 2/9
- Indonesia's Pertamina launches $7-B natural resources processing initiative 2/9
- Digital Exclusive: Innovative grassroots CDU-VDU configuration—Pioneering energy efficiency and net-zero pathways in modern refineries 2/9
