Gasoline

Cameroon and oil trader Vitol reach agreement over refinery debt restructure

Cameroon's national oil refining company, SONARA, has reached a deal with oil trader Vitol to restructure its commercial debt towards the Dutch energy and commodity trading company.

Sponsored Content: An Introduction to Grab Sampling

Grab sampling, also known as spot sampling, laboratory sampling, field sampling, or sometimes just sampling—involves the collection of a sample fluid in a pipeline, tank, or system. The sample is then analyzed to help operators validate process conditions, evaluate products for environmental emissions according to local regulations, and detect whether the product is up to customer specifications.

Fire caused by lightning storm hits Venezuela's Puerto la Cruz refinery

A fire caused by a lightning storm broke out at Venezuela's Puerto la Cruz refinery on Monday, leaving a tall plume of black smoke, according to government officials and sources.

Sponsored Content: Fluidized bed Methanol to Gasoline (MTG)

ExxonMobil’s methanol to gasoline (MTG) process selectively converts methanol to a single fungible liquid fuel and a small LPG stream. The liquid product is conventional gasoline with very low sulfur and low benzene, which can be sold as-is or blended with ethanol, methanol or with petroleum refinery stocks. This minimizes offsite and logistic complexity and investment for synthetic fuel distribution.

Shell Chief Executive Officer Ben van Beurden to step down, Wael Sawan appointed as his successor

Shell announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael’s appointment is effective January 1, 2023.

Singapore marine fuel sales steady at 4.12 MMt in August

Marine fuel sales at the world's largest bunkering hub Singapore held steady at 4.12 MMt in August, with the number of vessel arrivals for bunkering little changed.

Refiners say fuel prices could increase and production plummet if rail strike proceeds

Upon sending the letter, Chet Thomson issued the following statement stressing the importance of rail transit to the refining and petrochemical industries and the need for broader rail reform.

Carbon intensity of U.S. power generation continues to fall but varies widely by state

From 2016 to 2020, the carbon intensity of U.S. power generation fell 18%, driven by a shift in the U.S. electricity generation mix away from coal and toward natural gas and renewables.

RGGI carbon dioxide emissions price reached new quarterly record in June 2022

RGGI is a cooperative agreement among 11 U.S. states to reduce CO2 emissions from power plants; it was the first program in the country to place a cap on power sector CO2 emissions.

Venezuela's second-largest refinery disrupted by outage

Venezuela's second largest refinery has suspended gasoline production following an internal electrical failure, four sources with knowledge of the situation said.