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Gasoline

Russia lifts petrol export ban to get rid of surplus fuel

Russia has saturated the domestic market with fuel, which is why it decided to lift a ban on gasoline exports to get rid of surplus.

Belgium tightens fuel export specifications

The Belgian government plans to publish a royal decree that tightens the minimum specifications of motor fuel exports quality.

U.S. to close Northeast gasoline reserve with 1-MMbbl sale

President Joe Biden's administration will sell nearly 1 MMbbl of gasoline in the U.S.-managed stockpile in northeastern states as required by law, effectively closing the near decade-old reserve.

Pemex is delivering only a fraction of feedstock to new Olmeca refinery

Mexican state energy company Pemex started sending 16,300 bpd of crude oil to its new Olmeca refinery this week, less than 5% of its total capacity, signaling another delay.

China's April gasoline exports fall to lowest level since July 2015 on recovering domestic demand

China's gasoline exports in April fell to the lowest level since July 2015, as domestic travel and fuel use increased in the recovering economy.

Russia to lift gasoline export ban

The Russian government has made a final decision to suspend the temporary ban on gasoline exports as the market is sufficiently supplied. The Energy Ministry has confirmed the information.

China's CNCEC to build 300,000-bpd Al-Faw refinery in Iraq

China's National Chemical Engineering Company (CNCEC) has inked a deal with the Southern Refineries Company to build a 300,000-bpd refinery in Al-Faw, Iraq.

Higher refinery costs could increase summer gasoline prices says US EIA

Average monthly prices for regular-grade retail gasoline in the U.S. could increase by more than $0.10/gal if refinery output is lower than expected, according to an analysis published by the U.S. Energy Information Administration (EIA).

US appeals court upholds biofuel blending mandates for 2020-2022

A U.S. appeals court upheld a rule from President Joe Biden's administration that set the amount of biofuels that oil refiners were required to blend into the nation's fuel mix from 2020 through 2022, rejecting a challenge by oil refiners to the mandates.

HIF Global secures nearly $165-MM in investments to develop eFuels

HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 MM to fund its eFuels projects.