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Gasoline

Unipec, Vitol set to supply Bangladesh with fuel in H2 2017

DHAKA/SINGAPORE (Reuters) -- Bangladesh Petroleum Corp has received offers from 11 companies for fuel supplies in the second half of the year, with Unipec and Vitol looking set to win the tender with the lowest offers on middle distillates and fuel oil, a BPC official said.

US motorists on roads for Memorial Day weekend to be highest since 2005

NEW YORK (Reuters) -- The number of Americans traveling by car for the Memorial Day holiday will hit a 12-year high this year, fueled by a growing economy and relatively low gasoline prices, the nation's largest motorists' advocacy group said on Wednesday.

Colombia's Ecopetrol looks to invest in Latam light crude projects

BOGOTA (Reuters) -- Colombian state oil company Ecopetrol said on Friday it will focus its efforts over the next 18 months on purchasing light crude projects in other Latin American nations, taking advantage of nearly $6 B in cash it held at the end of the first quarter.

Fire triggered by suspected fuel thieves kills four in Mexico

MEXICO CITY, (Reuters) -- A fire sparked by suspected fuel thieves killed four people and forced Mexico's state oil company Pemex to temporarily halt pumping operations along a pipeline in the country's violent eastern state of Veracruz, the company said on Saturday.

ANL, NREL receive funding to blend Gevo isobutanol with gasoline

ENGLEWOOD, Colo. -- Gevo, Inc. announced that it was selected to collaborate with researchers at the US Department of Energy (DOE) as part of DOE’s Small Business Vouchers (SBV) program.

EIA: Fuel economy improvements projected to reduce future gasoline use

Gasoline demand is a function of the fuel economy of the vehicle fleet and the total number of miles driven. Over time, fuel economy of the vehicle stock (those in use) changes as a result of market developments and changes in fuel economy standards for new vehicles. Additional complexities arise from changing vehicle designs and how vehicles are classified.

UN reports sharp drop in Cuban exports of refined oil products

HAVANA/HOUSTON (Reuters) -- Cuban exports of refined oil products fell about 97% between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela.

India's record jet fuel exports set to fall as air travel soars

SINGAPORE/NEW DELHI (Reuters) -- India's record jet fuel exports may fall this year as an expanding middle class and cheaper air travel boost local consumption, refinery executives and analysts told Reuters, potentially raising ailing profit margins for the fuel.

Puma Energy opens Myanmar’s largest petroleum products terminal

YANGON, Myanmar -- Puma Energy Asia Sun, a JV between Puma Energy, the global mid and downstream energy company, and Asia Sun Energy (ASE), a local company experienced in logistics and trading in Myanmar, celebrated the opening of its petroleum products terminal at Thilawa port, southeast of Yangon.

Calif. Assemblyman Travis Allen files ballot initiative to repeal $52 B gas tax

SACRAMENTO, Calif. -- Travis Allen (R-Huntington Beach) filed an initiative to repeal the recently signed $52 B gas tax and move it to a vote of the California people in 2018.