Gasoline
US refiner Phillips 66 charters foreign vessel after Jones Act waiver
(Reuters) — Phillips 66 has chartered a Marshall Islands-flagged vessel, making use of a temporary waiver of the Jones Act that was put in place to meet fuel shortages in the wake of hurricanes Harvey and Irma, Argus Media reported on Thursday.
EIA: Global use of liquid fuels to grow by nearly a fifth by 2040
NEW YORK (Reuters) — Global use of petroleum and other liquid fuels will grow by nearly a fifth by 2040, driven by the transportation and industrial sectors, the US government said on Thursday.
Mexico court temporarily blocks higher ethanol in gasoline
MEXICO CITY (Reuters) — A Mexican judge on Wednesday granted a temporary injunction against an increase in the ethanol content in gasoline for domestic consumption to as much as 10%, according to an environmentalist involved in the case.
US extends shipping waiver to Sept. 22 for storm relief
WASHINGTON (Reuters) — The US Homeland Security Department on Wednesday said it has extended through Sept. 22 a temporary waiver of a law that limits the availability of shipping vessels, in a move to help Hurricanes Harvey and Irma responders get access to fuel.
Magellan Midstream probes big Texas fuel spill during Harvey floods
(Reuters) — Magellan Midstream Partners LP said on Tuesday it was investigating the cause of a nearly 11,000-bbl gasoline spill from two above-ground fuel storage tanks at its Houston-area terminal in Texas during Hurricane Harvey.
Sulfurous fuels flow to West Africa as states defer tougher rules
LONDON/LAGOS — Nigeria and several other West African states are not expected to implement rules banning imports of sulfur-heavy fuels until Dec. 1 at the earliest after missing summer deadlines, drawing the ire of health campaigners pushing for cleaner air.
China set for ethanol binge as Beijing pumps up renewable fuel drive
BEIJING (Reuters) — China's bold plan to blend renewable fuels into its gasoline supply within 3 yr will revolutionize its fledging biofuels industry, industry players said, likely spurring billions of dollars in investment in ethanol factories.
India's fuel demand falls the most in over 14 yr
NEW DELHI (Reuters) — India's fuel consumption fell 6.1% in August, its fastest rate of decline since April 2003, as heavy rainfall across the country cut the use of diesel for irrigation pumps and curbed demand for auto fuels.
US Coast Guard, EPA cleaning up a dozen Texas chemical spills after Harvey
HOUSTON (Reuters) — The US Coast Guard and the Environmental Protection Agency are working with Texas state regulators to clean up oil and chemicals spilled from a dozen industrial facilities after flooding from Hurricane Harvey, authorities said.
Profits on producing gasoil, jet fuel soar in Asia as demand outpaces supply
SINGAPORE (Reuters) — Profits on churning out barrels of gasoil and jet fuel in Asia could keep climbing after marking their highest in nearly two years this month, boosted as demand outpaces supply hit by a string of refinery outages both internationally and in the region.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
