Russia considers lifting gasoline export ban
Russia is considering lifting an export ban on some grades of gasoline.
View ArticlePetronas and Dorna Sports to introduce new sustainable fuel for 2024 Moto2...
Petronas and Dorna Sports today announced the usage of a new sustainable fuel for Moto2 and Moto3 on the opening day of the Petronas Grand Prix of Malaysia 2023.
View ArticleRussian diesel and gasoline export ban to be lifted next week
Russian fuel producers have been told by the government to prepare for the scrapping of all remaining restrictions on the export of diesel and gasoline.
View ArticleSingapore October bunker fuel sales hit 3-month high
Singapore's marine fuel sales, also known as bunker sales, rose to a three-month high in October as both vessel calls and container throughput grew.
View ArticleRussia lifts gasoline export ban - energy ministry
Russia has lifted restrictions on gasoline exports, the energy ministry said, after scrapping most restrictions on exports of diesel last month, saying there was a surplus of supply while wholesale...
View ArticleIndustry Primer: What is OPEC+ and how does it impact oil prices?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy.
View ArticleChina October gasoline exports fall 20% on year, diesel shipments up
China's gasoline exports fell 20% in October from a year earlier, as domestic road travel surged during the Golden Week holiday. Jet fuel demand increased, as well.
View ArticleU.S. gasoline prices decline amid lower gasoline demand and falling crude oil...
The retail price of regular gasoline averaged $3.29/gal across the U.S., 10% less than the same time last year.
View ArticleUS court rejects EPA's decision to withhold small refinery biofuel waivers
A U.S. appeals court on Wednesday struck down the Biden administration's decision to deny small refiners "hardship waivers" that exempt them from nation's biofuel mandates, in a win for the refining...
View ArticleChina oil demand growth poised to slow to around 4% in H1 2024
China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.
View ArticleOPEC head accuses IEA of vilifying fossil fuel industry
OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.
View ArticleIran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
View ArticleJapanese refineries close as the country's petroleum consumption falls
The U.S. Energy Information Administration forecasts the lowest annual petroleum consumption in Japan in 2024 since at least 1980, in part due to its aging and declining population.
View ArticleSingapore fuel oil inventories rebound to near three-month highs
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a sharp decline last week.
View Articlebp cleaning up 25,000-gallon gasoline spill in Washington state (U.S.)
bp has been working with the U.S. Environmental Protection Agency and local officials to clean up a roughly 25,000-gallon gasoline spill from its Olympic Pipeline near Mount Vernon in Washington state.
View ArticleShell to sell Schwedt refinery stake to UK's Prax Group
Shell said it had agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, which supplies most of Berlin's fuel, to Britain's Prax Group, attempting to draw a line under its co-ownership of an...
View Articlebp restarts pipeline after gasoline spill in Washington state
bp has restarted its Olympic Pipeline that had leaked roughly 25,000 gallons of gasoline near Mount Vernon in Washington state.
View ArticleElon Musk says oil and gas should not be demonized
Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.
View ArticleSlovakia wins EU OK on Russian oil-based products sales to Czech Republic
The European Union has granted Slovakia a one-year extension on exporting fuels produced from Russian oil to the Czech Republic.
View ArticleBain-backed biofuels refiner ties up with China firm to source feedstock
Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet...
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