Gasoline
Myanmar's fuel demand surging, expected to grow 6% per year in next decade
SINGAPORE (Reuters) -- Myanmar's oil imports are surging to fuel a fast-growing economy and rebuild rotting infrastructure, creating a small but profitable route for ships making a beeline for the emerging southeast Asian nation from the regional hub of Singapore.
World Fuel becomes exclusive supplier at Sunoco Texas terminal
World Fuel Services (WFS) is pleased to announce that it will be the exclusive supplier of marine fuel at the Sunoco Logistics Nederland Terminal in Texas, starting in March 2017. WFS will supply both RMG 380 and MGO 0.1% Sulfur. Both options will be available ‘ex-pipe’ and can be delivered to the vessel simultaneously while loading and discharging cargo.
Koch escalates tax reform battle with report on gasoline prices
WASHINGTON (Reuters) -- A Koch Industries-funded report warned on Friday US gasoline prices would rise if Congress passed a Republican proposal to adjust US corporate tax rates to favor exports over imports, escalating a lobbying battle over the measure.
DOE shows US used more blended gasoline in 2015
WASHINGTON — Recent data from the US Department of Energy (DOE) shows that gasoline consumed in 25 states and the District of Columbia contained more than 10.0% ethanol on average in 2015. The national average ethanol blend rate was 9.91% according to the DOE data.
Irving Oil announces expansion of its terminal network in Nova Scotia
HALIFAX -- Irving Oil announced that it has entered into a purchase agreement to acquire four inland storage facilities in Nova Scotia from Valero Energy Inc.
Nigeria central bank to auction dollars for fuel import
LAGOS (Reuters) -- Nigeria's central bank has asked banks to submit bids for a "special currency auction" targeting fuel importers to meet demand for matured letters of credit, traders said on Monday.
Delta Air to sell gasoline and diesel as losses at its refinery climb
NEW YORK (Reuters) -- Delta Air Lines Inc is preparing to market gasoline from a refinery it owns outside Philadelphia, signaling a shift in strategy toward managing the plant as a commercial refiner rather than a dedicated jet fuel supplier.
KP Engineering to provide process engineering services
KP Engineering will provide process engineering services to a mid-continent refiner as part of a FCCU study.
Brazil's Petrobras to cut diesel, gasoline prices as oil falls
State-controlled Petróleo Brasileiro SA said it plans to cut diesel and gasoline prices at the refinery point, following a decline in oil prices.
China sets export tax rebate for refined fuel at 17%
China has raised the export tax rebate for gasoline, diesel and jet fuel to 17%, effective from November 1, 2016.
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- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
