Gasoline
HIF, Porsche AG and Shell sign e-Fuels supply agreement for Haru Oni facility
HIF Global, through its subsidiary HIF Chile, signed an agreement with Porsche AG and Shell for the delivery of e-Fuels produced by HIF’s Haru Oni e-Fuels facility in Punta Arenas, Chile.
EIA: Supply issues, compliance costs drive up California (U.S.) fuel prices
Drivers in California pay higher prices at the pump than any other state in the country due to supply issues, costs from environmental compliance and fuel requirements, and high state taxes and fees,
Sunoco to acquire Parkland in $9-B deal as Americas fuel market consolidates
Sunoco will buy Canada-based Parkland in a deal valued at about $9.1 billion, including debt in a move the companies said would create the largest independent fuel distributor in the Americas.
Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part 2
Part 2 will outline additional opportunities across quality giveaway reduction, hydrocarbon loss measurement, refinery mass balance and energy management in downstream functions without the need for capital expenditure (CAPEX) or software infrastructure upgrades.
EIA: Oil prices and refinery margins fell slightly in first quarter of 2025
During the first quarter (1Q) of 2025, crude oil prices generally decreased while U.S. refinery margins initially increased before decreasing in the final month of the quarter. In its quarterly update, the U.S. Energy Information Administration (EIA) reviews petroleum markets price developments in 1Q, covering crude oil prices, refinery margins, biofuel compliance credit prices and natural gas plant liquids prices.
EIA: U.S. crude, gasoline stockpiles fall; distillates build last week
U.S. crude oil and gasoline stocks fell, while distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 2.7 MMbbl to 440.4 MMbbl in the week ended April 25, the EIA said, compared with analysts' expectations for a 429,000-bbl rise.
Grangemouth refinery (Scotland) ceases crude oil processing, transitions into import terminal
Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site transitions to an import terminal.
EIA: U.S. imports of major transportation fuels decreased in 2024
U.S. imports of petroleum products decreased by 210,000 bpd in 2024 to average 1.8 MMbpd. Imports of all major transportation fuels, such as motor gasoline, diesel and jet fuel, as well as other products, such as unfinished oils, decreased.
Sri Lanka to begin talks with India, UAE for new energy hub
Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis.
S-Oil posts refining, petrochemical losses; expects US tariffs to affect margins in Q2
South Korea's S-Oil, majority owned by Saudi Aramco, posted losses in the first quarter from its refining and petrochemical units and expects second-quarter margins to be impacted by U.S. tariff negotiations and market volatility.
- thyssenkrupp Uhde successfully commissions EnviNOx® emission reduction system for Covestro’s NAUCI project in China 5/12
- Univation Technologies announces world-scale 800,000-tpy design capacity for UNIPOL™ PE process technology 5/12
- Traders rebrand Venezuelan oil for China as Brazilian 5/12
- British bioethanol industry faces 'existential' threat after U.S. trade deal, producers say 5/12
- Copersucar revenue to grow by $1.5 B after Eco-Energy deal with Green Plains 5/12
- As Brazilian president visits China, $1-B SAF deal announced 5/12
