NEW YORK (Reuters) — Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the US energy watchdog about fees Colonial Pipeline charges to ship gasoline, diesel and jet fuel over its fuel network, the country's largest.
SANTIAGO DE QUERÉTARO, Mexico — ExxonMobil announced a partnership with retailer Grupo Orsan to open eight Mobil-branded service stations this week in Querétaro as part of the company’s entry in Mexico’s fuels market. ExxonMobil plans to open 50 Mobil stations in the Bajio region by the end of 1Q 2018.
CHICAGO (Reuters) — The US International Trade Commission (ITC) on Tuesday made a final finding that biodiesel imports from Argentina and Indonesia harm US producers, ensuring that anti-dumping and anti-subsidy duties remain in effect for at least 5 yr.
Tri Delta Transit, an Eastern Contra Costa County Transit Authority in California, has switched their entire fleet of transit buses from operating on petroleum diesel to using only Neste MY Renewable Diesel.
ABUJA (Reuters) — Nigeria’s state oil company assured motorists on Tuesday there was no shortage of petrol and urged them not to engage in panic buying after long queues built up at filling stations.
JOHANNESBURG (Reuters) — The retail price of petrol and the wholesale price of diesel in South Africa will increase from Wednesday due to a weaker rand currency and higher crude oil prices, the energy department said on Monday.
Not a day passes without publications, the blogosphere and pundits wringing their hands over the concept of fuel blending. In today’s low-priced crude oil market, the fuel blending business gives blenders a competitive edge that grows every day, attracting new customers and potential new producers intrigued by the possibility of making “easy” money.
The US saw solid product demand, despite a decline following the end of the driving season, and reduced scheduled maintenance lent some support.
The Russian government’s recent decision to raise the excise tax on motor fuel by 1 RUB/l in 2018 may lead to serious losses for the country’s domestic refining industry.
The global hydrocarbon processing industry (HPI) continues to expand and modernize to efficiently meet growing demand for energy, transportation fuels and petrochemicals.