Industry Metrics

Rhodes, Mike, Hydrocarbon Processing Staff

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

Nichols, Lee, Hydrocarbon Processing Staff

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

Oirere, S., Contributing Editor

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.

Uber to stop using diesel cars in London by end 2019

LONDON (Reuters) — Uber will cease using diesel cars in London by the end of 2019 and the vast majority of rides will be in electric or hybrid vehicles by then, the taxi app said on Friday.

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.

Florida braces for second fuel supply hit as Hurricane Irma approaches

(Reuters) — Fuel distributors and traders in Florida braced for a second supply shock as Hurricane Irma barreled toward the state on the heels of disruptions from Hurricane Harvey in Texas.

Scotland aims to phase out new petrol, diesel cars by 2032

EDINBURGH (Reuters) — Scotland plans to phase out new petrol and diesel cars by 2032, eight years earlier than under proposals set out by the London government, Scotland's First Minister Nicola Sturgeon said on Tuesday.

Indonesia's Pertamina receives first license to export gasoil

SINGAPORE/JAKARTA (Reuters) — Indonesia's Pertamina has received a license from the government to export gasoil for the first time, three sources close to the matter said on Monday, although the state oil company is planning to prioritize domestic sales if possible.