Gasoline
Sunoco buys US fuels distributor from Alta East
The business distributes 55 million gal/year of branded and unbranded gasolines, including Sunoco-branded fuels. The transaction also included supply contracts with the dealer-owned and operated sites.
HP Global: Forthcoming tax hike could hamper Russian refining
Russia plans to increase the volume of oil it refined this year, despite Western sanctions and the ever-deteriorating business environment, according to an official spokesperson for Alexander Novak, Russia’s minister of energy.
HP Viewpoint: Interesting times to continue for refiners in 2016
A year ago in this publication, John England and Ashnu Mittal were prescient in their article titled “US shale revolution set to spill over into downstream.”
HP Industry Metrics
Global refinery margins fell due to the expectations of a mild winter and an oversupply environment.
Ensyn wins EPA’s approval on renewable gasoline
RFGasoline, a drop-in gasoline transportation fuel, is created by processing Ensyn's renewable crude (RFO), a liquid cellulosic feedstock for refiners, with customary petroleum feedstocks.
Eni sells Slovenian downstream business to MOL
MOL signed an agreement with Eni relating to the acquisition of Eni’s entire retail network and wholesale activities in Slovenia. Investment terms were not disclosed.
HP Industry Metrics
A sharp drop in the gasoline crack spread following the end of the US driving season and increasing inventories caused refinery margins to fall.
HP Industry Metrics
High US refinery utilization rates have continued, encouraged by strong gasoline demand amid lower crude prices.
Gevo completes first US marine sales of gasoline blended with isobutanol
Gevo's bio-based isobutanol helps meet renewable fuel and clean air standards, while solving concerns that many boaters have with ethanol-blended fuels, which can damage internal engine parts.
API: New EIA report shows US crude oil exports could lower fuel costs
“The EIA report provides a final, non-partisan confirmation that ‘70s-era trade restrictions on US oil are bad for American consumers,” said Kyle Isakower, the API's vice president of regulatory and economic policy.
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- nova-Institute provides scientific basis for EU policy on bio-based plastic packaging under PPWR 5/5
- GEA launches enzymatically enhanced GEA eTOP degumming solution 5/5
- Hong Kong-Dongguan to build SAF supply chain with new biofuels firm Ecoceres facility 5/5
- Argentine government hikes biofuel prices for domestic market 5/5
- Malaysia to produce biodiesel blend with 15% palm oil from June 5/5
