Gasoline

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.

EIA: U.S. crude stockpiles fall, fuel builds as refiners hike output

U.S. crude oil stockpiles fell last week as oil refiners ramped up production with the start of the summer driving season, while fuel inventories rose amid weaker demand, data from the U.S. Energy Information Administration (EIA) showed on Wednesday.

Global oil refiners see short-term boost from higher margins

Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand.

U.S. ethanol output eases off record pace as summer travels heat up

Record volumes of U.S. ethanol have been churned out since late last year, largely due to an uptick in exports and steady domestic demand. But output has slipped from those record levels over the last couple of weeks, coinciding with the ramp-up of the summer driving season.

U.S. administration considers plan to clear record backlog of small refinery biofuel waivers

The White House (U.S.) is weighing a plan to clear a record backlog of requests from small refineries for exemptions from U.S. biofuel laws, which could include approving many current applications and requesting industry input to deal with older ones.

U.S. crude and fuel inventories fall, Nigerian crude imports jump

U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years.

Digital Feature: FuelEU: A growth opportunity for U.S. Midwest ethanol producers