Gasoline
U.S. crude stockpiles hit near 3-yr low despite softer refinery demand
U.S. crude oil inventories slipped to their lowest level since March 2022 last week, even as refining activity fell sharply, cutting demand for crude.
Ukrainian drones hit big Russian oil refinery at Ryazan
Ukrainian drones hit a Russian oil refinery in the city of Ryazan overnight, causing a fire and damaging equipment at one of Russia's biggest refineries.
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries falling to a 15-month low in January.
Nizhnekamskneftekhim receives first ton of ethylene at new EP-600 plant in Russia
PJSC Nizhnekamskneftekhim, part of SIBUR petrochemical holding, has received the first ton of the monomer as part of commissioning work at the new EP-600 ethylene plant, and plans to bring it to design capacity by the end of 2025.
Thai cabinet approves collection of carbon tax
Thailand's cabinet agreed to levy a carbon tax of 200 baht/ton ($5.88/ton) of carbon emissions as part of the country's efforts to reduce GHG emissions. Products to be subject to the carbon price mechanism include gasoline, kerosene, jet fuel, diesel biodiesel, LPG and others.
China's vast refining sector faces shakeout as fuel demand peaks
Up to 10% of China's oil refining capacity faces closure in the next 10 yr as an earlier-than-expected peak in Chinese fuel demand crushes margins and Beijing's drive to wring out inefficiency begins to squeeze older and smaller plants.
Petrobras reports record high refinery output in 2024
Brazil's Petrobras saw output from its refineries hit an all-time high in 2024 with record production of gasoline and S-10 diesel.
Update: Colonial Pipeline's main U.S. gasoline artery likely shut until Friday
Colonial Pipeline's main U.S. gasoline artery is expected to remain shut through Friday as the company continues to search for the source of a suspected leak in Paulding County, Georgia.
EIA: U.S. crude stocks fall, gasoline and distillate inventories rise
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday.
Colonial Pipeline shuts main gasoline artery after potential gasoline spill
Colonial Pipeline, the largest U.S. fuel pipeline operator, said on Tuesday that the main artery moving gasoline from the U.S. Gulf Coast to the East Coast has been shut since Monday night due to a potential spill in Paulding County, Georgia.
- Honeywell to supply integrated automation systems for flagship UK carbon capture projects 12/4
- Aduro Clean Technologies collaborates with ECOCE to advance plastics recycling in Mexico 12/4
- FincoEnergies launches GoodFuels B15: A reliable and compliant drop-in biofuel for inland shipping 12/4
- DevvStream, Southern Energy Renewables target low-cost, carbon-negative SAF and green methanol 12/4
- AFPM: Revised fuel economy standards would put CAFE back on solid legal footing 12/4
- ITT introduced a secondary containment system for its ICM metallic magnetic drive process pump 12/4
