Gasoline
Shell eyes Asia, aims to expand vehicle recharging at fuel stations
LONDON (Reuters) — Royal Dutch Shell aims to expand marketing operations in Asia and wants 20% of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude.
States suing Trump administration over delayed fuel-economy fines
WASHINGTON (Reuters) — New York, California and three other US states on Monday are suing the federal government for delaying the rollout of higher "gas-guzzler" penalties for automakers building new vehicles failing to meet minimum fuel-economy standards.
EIA: Hurricane Harvey caused US Gulf Coast refinery runs to drop, gasoline prices to rise
Hurricane Harvey caused substantial disruptions to crude oil and petroleum product supply chains and increased petroleum product prices. For the week ending Sept. 1, gross inputs to refineries in the US Gulf Coast fell by 3.2 MMbpd, or 34%, from the previous week, the largest drop since Hurricanes Gustav and Ike in 2008.
Industry Metrics
US margins recorded solid gains as crack spreads for all products increased due to healthy domestic demand.
Business Trends: The state of the global refining sector
Over the past few years, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).
Global: The slow closing of Africa’s refining technology gap
Technology gaps in the crude oil refining sector of sub-Saharan Africa (SSA) are making it difficult for crude oil processing plants to achieve energy efficiency, produce high-quality products or adhere to international carbon emissions requirements.
EPA chief says ready to further relax fuel standards due to hurricanes
WASHINGTON (Reuters) — The US Environmental Protection Agency is preparing for Hurricane Irma's landfall on the US East Coast by securing vulnerable toxic waste sites and easing gasoline standards to ensure steady fuel supplies, its chief told Reuters on Thursday.
Hurricane Irma worsens Latin America's fuel supply crunch
HOUSTON (Reuters) — Monster Hurricane Irma has shut down oil terminals across the northern Caribbean, worsening a fuel supply crunch in Latin America which is struggling to meet demand since Hurricane Harvey disrupted shipments from the US Gulf Coast last month.
Magellan Midstream to expand Texas refined petroleum products pipeline system
TULSA, Okla. — Magellan Midstream Partners, L.P. announced plans to expand its refined petroleum products pipeline system to handle incremental demand for transportation of gasoline, diesel fuel and jet fuel to central and north Texas markets.
China's Sinopec, Jiangxi Copper set up fuel retail JV
BEIJING (Reuters) — Jiangxi Copper Corp said on Wednesday it would set up a joint venture with the Jiangxi region branch of Chinese refining giant Sinopec to market oil products in the southeastern province of the country.
- 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
