Gasoline
Indonesia's Pertamina plans more biofuel products, ethanol imports in 2024
Indonesian state energy company Pertamina plans in 2024 to mix more of its gasoline products with ethanol in a bid to offer alternative fuels to the public.
PetroChina reports record interim net profit on refining surge
State-owned energy giant PetroChina reported a record-high net profit for the first half of the year, driven by increased oil and gas output and resurgent refined fuel sales.
Oil edges up on U.S. crude stockpile draw, hurricane jitters
Oil prices extended gains after U.S. government data showed tighter-than-expected crude supplies in the world's biggest fuel consumer, while a hurricane in the Gulf of Mexico kept investors on edge.
Kuwait's Al Zour refinery offers first fuel oil tender since June
Kuwait's Al Zour refinery has issued a fuel oil sales tender for the first time in more than two months.
Japan considering extending gasoline subsidies to year-end
Japan's government is considering extending until year-end fuel subsidies to keep gasoline prices below 180 yen a liter, while working on a supplementary budget to finance broader measures.
China's Sinopec plans steady refinery output on fuel recovery
Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the second half of 2023 as domestic fuel demand recovers, after reporting a 20% decline in interim profit because of lower crude oil prices.
Total spending on fuel subsidies topped $7 T in 2022, IMF says
Global subsidies for fossil fuels rose by $2 T over the past two years to reach a record $7 T in 2022, according to new estimates from the International Monetary Fund.
Oil down 1% as weak U.S. gasoline demand offsets big draw in crude stocks
Oil prices were down 1% as a build in US gasoline stocks fed worries about demand after Japan and Europe posted gloomy manufacturing data.
Marathon Petroleum implements Topsoe technology at Martinez renewables facility
Marathon Petroleum’s refinery in Martinez, California (U.S.), has been repurposed to produce renewable diesel--using Topsoe's HydroFlex technology--through the company’s joint venture with Neste.
Los Angeles (U.S.) refineries mostly unaffected by Hurricane Hilary
The five refineries in Los Angeles, California (U.S.) came through Hurricane Hilary's wind and heavy rain mostly unaffected.
- Fire at Russian petrochemicals plant kills at least three 4/2
- NH3 Clean Energy selects Linde to deliver FEED for the WAH2 project 4/2
- Phelan Green selects Honeywell process technology for flagship South African eSAF facility 4/2
- Metafuels secures Dutch government grant to advance Rotterdam eSAF project 4/2
- Topsoe partners with Hynfra P.S.A. to advance green ammonia in Jordan 4/2
- China calls for independent refiners to maintain fuel output amid war disruption 4/2
