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Gasoline

Demand to ship gasoline on Colonial Pipeline at 2-month low

NEW YORK (Reuters) — Demand to ship gasoline on Colonial Pipeline has sunk to a two-month low as Gulf Coast supplies are increasingly being exported or sent to the Midwest rather than to the New York harbor, three sources familiar with the matter said on Wednesday.

Hanwa and Integr8 Fuels added to Platts' Asia bunker MOC process

SINGAPORE (Reuters) — S&P Global Platts added Hanwa Singapore Pte Ltd and Integr8 Fuels Inc last week to its Asia Market On Close (MOC) assessment process for Singapore physical bunkers, the company said in a note seen on Wednesday.

Chinese customs seizes $13 MM worth of smuggled fuel

BEIJING (Reuters) — Chinese customs in Nanjing city has seized 12 Mt of smuggled fuel worth $12.98 MM, state news agency Xinhua reported on Monday.

Nigeria's state oil firm more than doubles fuel supply amid run on petrol

ABUJA (Reuters) — Nigeria's state oil firm said on Thursday it has more than doubled the daily supply of fuel for motorists to 80 MM liters, amid a run on petrol that has seen queues lasting hours at filling stations around the country.

TransMontaigne Partners acquires two refined product, crude oil terminals

DENVER — TransMontaigne Partners L.P. announced that it has completed the previously announced acquisition of the Martinez Terminal and Richmond Terminal from an affiliate of Plains All American Pipeline, L.P.

Nigeria's rush for petrol could save Europe's sagging margins

LONDON (Reuters) — Nigeria's rush to keep its citizens supplied with fuel is expected to boost purchases of European gasoline in December, offering a potential respite to European refineries and storage terminals threatened by an oversupply that has battered margins.

Tankers gather off PDVSA ports amid delays exporting fuel oil

HOUSTON (Reuters) — An accumulation of tankers waiting to load around Venezuelan ports has grown in recent days as state-run oil company PDVSA struggles to deliver fuel oil for exports, according to traders and Reuters vessel tracking data.

Vietnam fuel distributors to shift to ethanol blend this week

HANOI (Reuters) — Vietnam's biggest fuel distributors said they would complete a shift to an ethanol-blended product by Friday as part of a government program to promote a more eco-friendly fuel.

Fuel shippers seek US review of 'excessive' Colonial Pipeline rates

NEW YORK (Reuters) — Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the US energy watchdog about fees Colonial Pipeline charges to ship gasoline, diesel and jet fuel over its fuel network, the country's largest.

First Mobil-branded service stations to open in Mexico

SANTIAGO DE QUERÉTARO, Mexico — ExxonMobil announced a partnership with retailer Grupo Orsan to open eight Mobil-branded service stations this week in Querétaro as part of the company’s entry in Mexico’s fuels market. ExxonMobil plans to open 50 Mobil stations in the Bajio region by the end of 1Q 2018.