Gasoline

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.

Honda at fault in complaint over Pakistan gasoline, oil companies say

ISLAMABAD (Reuters) — A body representing oil companies in Pakistan said Honda Motor Co, which has blamed local gasoline companies for damage to engines in one of its vehicle models, appears to know the engines are incompatible with Pakistani fuel standards and need to be calibrated.