Gasoline
Shell opens first Mexico gas station, eyes up to $1 B investment
MEXICO CITY (Reuters) — Anglo-Dutch oil major Royal Dutch Shell opened its first gas station in Mexico on Tuesday, adding to a growing list of foreign-branded pumps in a market still dominated by the green-colored outlets of state-owned company Pemex.
Colonial Pipeline says Line 2 pipeline restarted
NEW YORK (Reuters) — Colonial Pipeline Co on Monday said it restarted one of its fuel lines shut because of Hurricane Harvey, with another line scheduled to restart on Tuesday.
EIA: Storm Harvey adds uncertainty to gas prices for Labor Day weekend
Hurricane Harvey has created considerable uncertainty for gasoline supply and prices, as the area affected by the hurricane is home to much of the nation's petroleum infrastructure. On Aug. 28, the US average retail gasoline price was $2.40/gal, the second-lowest price on the Monday before Labor Day since 2004. However, prices on that date do not yet reflect the full effects of Hurricane Harvey.
Storm Harvey opens up rare jet fuel exports from Europe to US
LONDON (Reuters) — Traders are shipping jet fuel from Europe to the United States, where Tropical Storm Harvey has sparked concern over possible shortages of the aviation fuel.
Latin America looks to Venezuelan fuel cargoes as Harvey swamps US
HOUSTON (Reuters) — After Hurricane Harvey roared into Texas, flooding oil refineries and crippling ports along US Gulf Coast, Latin American countries scouring the globe for other sources of fuel are zeroing in on a flotilla waiting to unload off the coast of Venezuela.
Retail US gasoline prices surge as Harvey keeps refiners shut
HOUSTON/NEW YORK (Reuters) — Retail US gasoline prices hit two-year highs and global shipping routes were scrambled as the nation's largest refiners remained shut on Friday, even as Storm Harvey lost strength.
China's July gasoline exports rose to third-highest level since 2000
BEIJING (Reuters) — China's gasoline exports in July rose 5.9% from a year ago to the third-highest monthly level since at least 2000 while diesel exports remained high, customs data showed on Wednesday.
Kazakhstan may lift ban on gasoline, diesel fuel exports in January
ASTANA (Reuters) — Kazakhstan may lift a ban on the export of gasoline and diesel fuel a year earlier than planned to help local refineries increase profits after spending heavily on equipment upgrades, Energy Minister Kanat Bozumbayev said on Monday.
Pin Oak Terminals opens multi-product liquid marine terminal
Pin Oak Terminals, LLC opened the new multi-product liquid marine terminal at Pin Oak’s site in Mt. Airy, Louisiana. This is following key investment from Mercuria Energy Group Ltd. in the previous months.
Glencore, Chevron enter Mexico's recently opened fuel market
MEXICO CITY (Reuters) — US energy company Chevron Corp and trading firm Glencore on Thursday announced separate plans to enter Mexico's fuel market, as the long-hidebound sector begins to attract major foreign players.
- 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
