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Indian Oil plans to operate Gujarat refinery at higher capacity from mid-2026

Indian Oil Corp. plans to operate its Gujarat refinery in western India at an expanded capacity of 360,000 bpd by mid-2026, executive director Biplob Biswas said.

California (U.S.) governor drives out refiners then pleads for reliable fuel supplies

California (U.S.) Governor Gavin Newsom has directed state officials to step up efforts to guarantee reliable fuel supplies for the nation's biggest auto market, prompting oil companies to blame state policies for difficult business conditions and high pump prices.

TotalEnergies to boost SAF and hydrogen production at Antwerp

Japan to lower gasoline prices and implement energy subsidies

Japanese Prime Minister Shigeru Ishiba said the government will slash gasoline prices by 10 yen ($0.0713) per liter from May 22 as part of measures to curb rising energy prices.

Taiwan starts sustainable aviation fuel supply for domestic carriers

Taiwan supplied for the first time a blend of sustainable aviation fuel (SAF) to refuel planes owned by three domestic carriers at several airports across the country, the Civil Aviation Administration (CAA) said.

Mexico exports first ULSD cargo from Olmeca refinery amid infrastructure woes

Mexico exported the first cargo of ultra-low sulfur diesel (ULSD) reprocessed in its new Olmeca refinery in early April, as infrastructure to transport the much-needed motor fuel across the country is not ready.

Iran authorities seize two vessels carrying 'smuggled fuel' in Gulf

Iranian Revolutionary Guards seized two Tanzanian-flagged vessels allegedly carrying 1.5 MM liters of "smuggled fuel" in the Gulf

South Korea to implement smaller fuel tax cuts from May

Tax breaks will be extended until the end of June, with the rate adjusted to 10% for gasoline, from the current 15%, and that for diesel and liquefied petroleum gas butane to 15% from 23%.

Egypt begins basic design phase for Red Sea Petrochemical Complex project in Ain Sokhna

Egypt's Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint venture contractor to implement the basic designs for the first phase of the Red Sea Petrochemical Complex project in Ain Sokhna, Egypt. 

China-U.S. trade war redrawing global LPG trading, outlook

The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.