Gasoline
Bulgaria wins UK sanctions reprieve on refinery, petrol stations
The UK last month announced sanctions on Russia's two biggest oil companies, Rosneft and Lukoil, and a week later the U.S. followed suit in a bid to squeeze the financing of Moscow’s war effort in Ukraine.
China's Sinochem shuts one crude unit at Quanzhou after fire
The 300,000-bpd Quanzhou refinery was due to be offline for scheduled full plant maintenance from the end of November or early December to January.
PetroChina to phase out 19 old refining, chemical units to curb sector glut
The world's second-largest oil consumer is facing a faster-than-expected peak in fuel demand due to rapid electrification of its transportation fleet and a petrochemical sector that is plagued by excess capacity and poor margins.
Mali strikes deal with Russia for petroleum products
Jama'at Nusrat al-Islam wal-Muslimin (JNIM) militants announced a blockade on fuel imports to the landlocked West African country in early September and have since attacked convoys of fuel tankers attempting to enter the country or reach the capital.
EIA: U.S. crude, fuel inventories fall on robust refining and demand
U.S. crude oil, gasoline and distillate inventories fell last week as refining activity and demand strengthened, the U.S. Energy Information Administration (EIA) said.
Dangote refinery's gasoline unit operating at 60% capacity
The outage on the unit, which began in late August, helped improve export economics from Europe to West Africa to cover the shortfall, boosting European gasoline refining margins.
API reverses course on E15 gasoline bill, calls for regulatory fixes
The American Petroleum Institute opposes legislation to expand year-round sales of E15 gasoline, a reversal that underscores deepening tensions between the oil and ethanol industries after a brief period of cooperation.
Gasoline unit at Dangote refinery expected to restart on October 14
The plant, which began processing crude in January 2024, exported a higher volume of fuel oil in September than previous months.
Belarus ramps up fuel exports to gasoline-thirsty Russia
Several Russian regions have introduced rationing and have temporarily frozen fuel prices in recent weeks amid a scarcity of popular types of gasoline brought on by the drone strikes, which targeted refineries among other energy installations. Moscow has also restricted gasoline and diesel exports.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
