Gasoline
Russia authorizes refineries to lower gasoline environmental requirements to stave off fuel shortages
Ukraine has for months targeted Russian refineries, pipelines and fuel depots in an effort to curb Moscow's ability to finance the war on its neighbor.
China learns to live on less fuel, to the relief of oil markets
Gasoline sales at Sinopec, which runs China's biggest network of petrol stations and is the world's largest refiner, dropped 8% on-year in April while diesel fell 6%.
U.S. summer driving season hits as gasoline supplies squeezed tight
Surging summer demand from American motorists has not stopped U.S. refiners from increasingly prioritizing lucrative diesel and jet fuel production to backfill global shortages caused by shipping disruptions at the Strait of Hormuz.
India launches gasoline blended with 85% ethanol at lower price
Indian automakers have started launching flex-fuel vehicles that are compatible with the higher ethanol variant.
IEA forecasts chance of critically low stockpiles before peak summer demand
Fuel demand typically peaks in the Northern Hemisphere summer when people drive and fly on holiday.
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
- OPEC sticks to robust oil demand outlook, sees no peak on horizon 6/18

