Economics
Russia's gasoline prices on exchange down almost 10% after export ban
Russian wholesale gasoline Ai-92 grade prices fell by 9.7% to $582 per metric ton, according to exchange data, following a government ban on fuel exports.
Mexico's Energy Secretary authorizes the construction of country's first catalyzer plant
During the 58th Anniversary celebration of the Mexican Petroleum Institute, Rocío Nahle García, the head of Mexico's Energy Secretary, announced the commencement of construction for the nation's first Catalyzer Plant as a vital component of Mexico's energy policy.
Russia cuts September seaborne diesel exports to meet domestic shortage
Russia cut its seaborne diesel and gasoil exports by nearly 30% to about 1.7 million metric tons in the first 20 days of September from the same time in August, as local refineries went into seasonal maintenance and the domestic market faces a fuel shortage and rising prices.
Singapore's middle distillates stocks stable; gasoil net exports slip for second week
Singapore's middle distillates inventories remained above 9 million barrels, official data showed, as net gasoil exports slipped for the second straight week, and jet fuel/kerosene net exports also fell.
Indian chemicals maker Epigral expects revenue from newer CPVC products to surge this year
Indian chemicals maker Epigral will keep diversifying its business and expects the share of revenue from new products to expand significantly this year.
Russia imposes temporary restrictions on fuel exports
Russia has introduced temporary restrictions on exports of gasoline and diesel in order to stabilize the domestic market.
Shell likely to restart Pernis refinery unit by Sept. 25
Shell is tentatively expected to restart a hydrocracking unit at Europe's biggest oil refinery in the Netherlands by Sept. 25 after a leak forced its shutdown on Tuesday, traders said, citing a report from industry monitor IIR.
Europe's refinery output rises 1% m/m in August
European oil refinery output in August rose by 1% from the previous month to 9.73 million bpd.
Dutch firms get up to $49 B annually in fossil fuel subsidies
Industrial companies in the Netherlands get $42-49 B in tax breaks and subsidies annually for using fossil fuels, the Dutch government said in a report aimed at spurring international debate on such subsidies.
Fugro provides geotechnical expertise for clean fuel project in Louisiana
St. Charles Clean Fuels, LLC has contracted with Fugro to provide geotechnical engineering services for an innovative 'blue' ammonia facility in southeastern Louisiana.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
