Gasoline
Puma Energy opens Myanmar’s largest petroleum products terminal
YANGON, Myanmar -- Puma Energy Asia Sun, a JV between Puma Energy, the global mid and downstream energy company, and Asia Sun Energy (ASE), a local company experienced in logistics and trading in Myanmar, celebrated the opening of its petroleum products terminal at Thilawa port, southeast of Yangon.
Calif. Assemblyman Travis Allen files ballot initiative to repeal $52 B gas tax
SACRAMENTO, Calif. -- Travis Allen (R-Huntington Beach) filed an initiative to repeal the recently signed $52 B gas tax and move it to a vote of the California people in 2018.
Total and Erg get four bids for Italy petrol stations
MILAN (Reuters) -- Total and energy group Erg have received four bids for the Italian petrol station network they jointly own, three sources close to the matter said.
Mexico oil theft clash leaves at least 10 dead, including four soldiers
MEXICO CITY (Reuters) -- At least four soldiers and six suspected oil thieves died in a battle in the central Mexican state of Puebla, authorities said on Thursday, as the army launched a major operation against organized criminals who siphon fuel from pipelines.
EIA: Petroleum product exports from Central Atlantic US unusually high in February
Exports of finished petroleum products from the Petroleum Administration of Defense District (PADD) 1B, which comprises the US Central Atlantic states (Delaware, District of Columbia, Maryland, New Jersey, New York and Pennsylvania), reached a record high for the month of February, as petroleum product prices in that region weakened compared with prices in the rest of the Atlantic Basin region.
Russia resumes oil shipments to Cuba, helps fill Venezuelan breach
HAVANA (Reuters) -- Russia has begun shipping large quantities of oil to Cuba for the first time this century, sources said, as supplies to the island from crisis-wracked Venezuela have dwindled.
Global: The future growth of Argentina’s oil and gas industry hinges on additional investments
Attracting new investments is vital to revive the Argentine oil industry. It is essential to involve multinationals, due to the lack of financial resources of the Argentinian government. The modernization of the country’s downstream infrastructure is crucial to improve productivity, and the nation will need international support to obtain profitable results.
Industry Metrics
A lack of gasoline export opportunities amid increasing inflows of middle distillates impacted the European market. Stronger US domestic gasoline demand and falling inventories ahead of the transition to summer-grade quality supported refinery margins. The Asia market was impacted by a stronger domestic gasoline demand amid an upcoming switch to summer grades.
Vitol, Helios complete acquisition of 100% of Vivo Energy
Further to the acquisition of Shell’s 20% shareholding in Vivo Energy by Vitol Africa B.V., Helios Investment Partners, acting on behalf of the funds to which it is advisor, and Vitol own 100% of Vivo Energy.
How North Korea gets its oil from China: lifeline in question at UN meeting
BEIJING (Reuters) -- As the United Nations Security Council decides whether to tighten the sanctions screws on North Korea, the country's increasingly isolated government could lose a lifeline provided by state-owned China National Petroleum Corp (CNPC).
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
