Gasoline

Digital Feature: FuelEU: A growth opportunity for U.S. Midwest ethanol producers

Saudi Arabia's refining boom helps it weather oil price war

Saudi Arabia has been cranking up oil refining operations to capture strong profit margins, helping the kingdom offset revenue lost from declining crude prices and exports.

Russia in favor of extending partial gasoline export ban

Russian government is in favor of extending its partial gasoline export ban, which is in force until the end of August, to September and October

Nigeria's fuel traders struggling to secure gasoline from refurbished state refineries

Nigerian fuel traders are struggling to secure gasoline supplies from two newly refurbished state-run refineries six months after they were declared operational, they say, leaving them reliant on the privately owned Dangote oil refinery and imports.

Fuji Oil cancels Japanese biofuels plant due to high construction costs

Fuji Oil has decided to cancel plans to build a biofuels manufacturing plant at the Sodegaura refinery in Chiba, Japan, due to higher-than-expected construction costs.

China's April refinery output fell 1.4% year-on-year

China's crude oil throughput fell in April from a year earlier, official data showed on Monday, due to maintenance at state-owned refineries and as independent plants curbed output amid poor margins.

Malaysia's Prefchem restarts gasoline unit after repairs since January

Malaysia's Pengerang Refining Co. (Prefchem) has restarted one of its two residue fluid catalytic cracking (RFCC) units in the past week after shutting it for repairs early this year.

U.S. EPA to rule on backlog of small refinery biofuel exemption requests

There are 161 applications for exemptions from the U.S. Renewable Fuel Standard pending. The EPA's decision will have significant implications for the multi-billion-dollar credit market that underpins the biofuel program.

Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business

Phillips 66 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

EIA: U.S. crude stocks rise with bigger imports, fuel inventories fall

U.S. crude stocks rose as the nation imported more oil, while gasoline and distillate inventories fell last week ahead of summer driving season.