Gasoline

Japan's gasoline demand almost at pre-pandemic levels after subsidy

The head of the Petroleum Association of Japan (PAJ) said the country's subsidies for gasoline had helped restore demand close to pre-pandemic levels in May and June.

Kuwait investing to meet any OPEC output increase

Kuwait Petroleum Corporation chief said the Gulf producer had the capacity to reach its OPEC quota and was moving to its first offshore production as it invests to meet future oil demand.

First flight in history with 100% sustainable aviation fuel on a regional commercial aircraft

Regional aircraft manufacturer ATR, Swedish airline Braathens Regional Airlines and sustainable aviation fuel (SAF) supplier Neste collaborated to enable the first ever 100% SAF-powered test flight on a commercial regional aircraft.

Biden says decision on pause on federal gasoline tax could come by end of week

U.S. President Joe Biden said on Monday that a decision on whether to pause a federal gasoline tax could come by the end of this week, as the United States struggles to tackle soaring gasoline prices and inflation.

Petrobras CEO resigns amid political blowback on fuel prices

The chief executive of Brazil's state-run oil company Petrobras resigned on Monday in the face of mounting pressure from politicians after the firm announced a fuel price hike last week.

The downstream rundown: In case you missed it 6/17

In case you missed any downstream news, this piece will give you a summary of some of the top stories from last week.

Topsoe Technology to reduce customers’ greenhouse gas emissions by 12 MMt in 2022

Topsoe’s technologies are set to reduce its customers’ greenhouse gas emissions by 12 MMt in 2022 alone. These reductions will not be one-offs but ongoing for the years to come.

Chevron Corporation awards Worley a global services agreement

Worley and Chevron have entered into a global master services agreement covering Chevron’s upstream, midstream, and downstream business needs.

U.S. energy chief to discuss record pump prices with refiners next week

U.S. Energy Secretary Jennifer Granholm is expected to meet with refining executives on June 23 as tensions between the White House and the oil industry mount over soaring gasoline prices.

Mexico president says new Pemex refinery will reach full capacity in 2023

Mexican President Andres Manuel Lopez Obrador said Wednesday that a new refinery owned by state-run Petroleos Mexicanos (Pemex) will reach full operating capacity by next year, despite industry experts saying it will take until at least 2024.