Gasoline
India proposes rules to allow higher ethanol-blended fuels in vehicles
The Ministry of Road Transport and Highways said the draft includes provisions for E85 fuel, a blend of 85% ethanol with petrol, and E100, which would allow vehicles to run on nearly pure ethanol.
Nigeria's Dangote oil refinery running gasoline unit at 75% capacity
The gasoline unit not running at full capacity could spell trouble for the local market, as fuel prices have reached record-high levels and risen 65% at the pump from the impact of war in the Middle East.
Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets
The transaction comes after the company previously agreed to the deal in January, stating its intention to integrate key assets into its Humber Refinery operations.
Indian Oil Corp. says diesel, gasoline sales up more than 13% in Apr 1–21
IOC, India’s top fuel retailer and refiner, is meeting the local demand through its over 42,000 fuel stations.
Australia extends relaxed fuel standards to bolster supply
Australia, which imports most of its fuel, has experienced localized shortages as the war, which entered its eighth week on Saturday, has disrupted supply chains.
China curtailing, not banning fuel exports, shipping data shows
The export cut has been deeper in April than it was in March, according to tanker tracker Vortexa, with shipments of diesel, jet fuel and gasoline to destinations other than Hong Kong totaling 320,000 metric tons in the first two weeks of this month - just a sixth of year-earlier levels.
Japan's weekly gasoline prices largely flat as subsidies offset price spikes
Japan began to partially release oil stockpiles from March 16 and has also rolled out subsidies to compensate for rising product prices which spiked to all-time highs in mid-March following the U.S.-Israeli war with Iran.
- 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
- Cognite launches Integrated Supply Chain offering to deliver more business value and operational resilience 6/17
- MyRechemical to license technology for Canadian biomass-to-SAF project 6/17
- Honeywell to provide technology for Acelen Renewable's SAF and renewable fuels facility in Brazil 6/17
- ACME signs investment agreement for $4.2-B green hydrogen/ammonia project in Oman 6/17
