Gasoline
EIA: US average gasoline prices this Thanksgiving higher than previous 2 yr
Heading into the Thanksgiving holiday weekend, US retail regular-grade gasoline averaged $2.57/gal, up 41 cents/gal from the same time last year. Although gasoline prices are higher than in both 2015 and 2016, the Thanksgiving 2017 gasoline price is still the third-lowest since 2008.
Mobil to restore Lyttelton terminal fuel storage capacity
Mobil Oil New Zealand Limited (Mobil) announced plans to improve fuel supply capacity for the South Island with the construction of two tanks at its fuel terminal in Lyttelton.
Singapore charges defunct marine fuel supplier, staff for cheating
SINGAPORE (Reuters) — A Singapore marine fuel supplier and three executives have been charged with cheating as part of a government crackdown on short deliveries of fuel to vessels in the world’s largest bunkering hub.
IMO: Ships will be "unseaworthy" if miss sulfur emission rule
LONDON (Reuters) — Ships which do not meet cuts to the amount of sulfur they can burn in their engines risk being declared "unseaworthy," the International Maritime Organization (IMO) said on Thursday.
EIA: US Crude oil, gasoline stocks up unexpectedly in latest week
(Reuters) — US crude oil and gasoline inventories grew unexpectedly last week as crude production and refining output rose, the Energy Information Administration said on Wednesday.
Mexico's energy chief says plan coming to 'soften' retail fuel increases
HOUSTON (Reuters) — Mexico's finance ministry is looking at ways to "soften" the price impact of gasoline market liberalization next year, Energy Minister Pedro Joaquin Coldwell said on Tuesday following a meeting of North American energy ministers in Houston.
China's crude oil processing runs in October rise to 2nd highest on record
BEIJING (Reuters) — China’s refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country’s state planner hiked prices for gasoline and diesel at the pump.
Unipec, Vitol place lowest offers in Bangladesh oil import tender
SINGAPORE/DHAKA (Reuters) — Oil traders Unipec and Vitol placed the lowest offers in a tender by Bangladesh Petroleum Corp to buy up to 1.27 MMt of oil products for import in the first half of 2018, three industry sources said on Tuesday.
ADNOC to sell at least 10% of fuel distribution business in IPO
ABU DHABI/DUBAI (Reuters) — Abu Dhabi National Oil Company (ADNOC) aims to sell at least 10% of its fuel distribution unit in an initial public offering in Abu Dhabi, as Gulf states step up plans to privatize energy assets in an era of cheap crude.
Sri Lanka gets 40,000 t of petrol from UAE amid fuel shortage
COLOMBO (Reuters) — Sri Lanka was set to receive a 40,000-t petrol shipment from the United Arab Emirates early on Thursday to help plug a fuel shortage triggered by panic buying, officials said, and India assured further help to its neighbor if needed.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
