Gasoline
Russia may ban gasoline exports for a month to stabilize prices
Russia's Federal Anti-Monopoly Service may initiate a one-month ban on gasoline exports to stabilize wholesale prices ahead of the crop-sowing campaign
India's January fuel demand drops to 3-month low
India's January fuel consumption hit its lowest monthly level since October, but was up 3.2% year-on-year at 20.49 MM tonnes, oil ministry data showed on Friday.
EIA: U.S. crude inventories surge amid refinery maintenance season
U.S. crude oil inventories rose sharply last week as demand softened on ongoing refinery maintenance, the U.S. Energy Information Administration (EIA) said on Wednesday.
Indian state studies plan to ban petrol, diesel vehicles in Mumbai to control pollution
The western Indian state of Maharashtra has formed a panel to study a proposal to ban petrol and diesel vehicles in Mumbai city amid worsening air quality and only allow electric or gas driven vehicles, it said in an order.
Update: U.S. crude stocks rise as refiners cut production amid winter storms
U.S. crude stocks rose last week as refinery utilization slipped, the Energy Information Administration (EIA) said on Wednesday, as winter storms sweeping the country hit fuelmakers' operations and boosted distillates demand.
U.S. crude stockpiles hit near 3-yr low despite softer refinery demand
U.S. crude oil inventories slipped to their lowest level since March 2022 last week, even as refining activity fell sharply, cutting demand for crude.
Ukrainian drones hit big Russian oil refinery at Ryazan
Ukrainian drones hit a Russian oil refinery in the city of Ryazan overnight, causing a fire and damaging equipment at one of Russia's biggest refineries.
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries falling to a 15-month low in January.
Nizhnekamskneftekhim receives first ton of ethylene at new EP-600 plant in Russia
PJSC Nizhnekamskneftekhim, part of SIBUR petrochemical holding, has received the first ton of the monomer as part of commissioning work at the new EP-600 ethylene plant, and plans to bring it to design capacity by the end of 2025.
Thai cabinet approves collection of carbon tax
Thailand's cabinet agreed to levy a carbon tax of 200 baht/ton ($5.88/ton) of carbon emissions as part of the country's efforts to reduce GHG emissions. Products to be subject to the carbon price mechanism include gasoline, kerosene, jet fuel, diesel biodiesel, LPG and others.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- BASF boosts refinery catalyst innovation with new R&D center in Attapulgus, Georgia (U.S.) 5/18
- Aster and Puraglobe sign MoU to bring world-leading re-refining technology to Asia 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
