Refining
India launches gasoline blended with 85% ethanol at lower price
Indian automakers have started launching flex-fuel vehicles that are compatible with the higher ethanol variant.
U.S. oil exports surge, draining domestic crude inventories toward rock bottom
Cushing is among the largest oil storage hubs in the world. Oil levels in its tanks have fallen rapidly since the war began and Iran effectively closed tanker traffic through the Strait of Hormuz.
Indian companies willing to deepen presence in Venezuela
New Delhi was the second-largest importer of Venezuelan oil in May, with purchases of 427,000 bpd.
Japan steps up efforts on cooking oil in race for sustainable aviation fuel
The flurry to collect cooking oil highlights the challenge for the aviation industry, one of the biggest emitters of greenhouse gas, in trying to reduce its carbon footprint.
Indian refiner Nayara says Vadinar refinery turnaround completed
Nayara's Vadinar refinery accounts for about 8% of India's total refining capacity and approximately 7% of its retail fuel network.
South Korea jet fuel exports rebound in May to pre-war levels
The rebound from one of Asia's top fuel exporters, seen in a slew of spot cargo sales, has helped ease concerns about tight supply and done much to cool prices in the region.
- Ineos to shut polystyrene facility in Illinois (U.S.) by the end of the year 6/19
- How ASTM approval of methanol-to-jet accelerates SAF at scale 6/19
- EU crafts plan to give industries extra free CO2 permits this year 6/19
- PetroChina forecasts Chinese oil consumption will drop 4.9% this year 6/19
- Digital Exclusive: Water injection pump mechanical seals failure after pump shutdown 6/19
- Russian gasoline output down 25% so far in June after drone attacks on refineries 6/19
