Gasoline
HF Sinclair posts bigger-than-expected loss as refining margins shrink
U.S. refiner HF Sinclair on Thursday posted a bigger-than-expected loss for the fourth quarter, becoming the latest energy company to take a hit from weak refining margins and rising global capacity.
U.S. oil, biofuel groups unite to urge new Trump EPA to boost biofuel mandates
U.S. oil and biofuel groups banded together this week to urge the new Trump administration to increase volumes of renewable fuels that must be blended into the nation's fuel mix in 2026 and beyond.
CITGO launches strategic brand licensing program as part of fuels business
The CITGO brand is extending to five new geographic markets in the U.S. with the launch of a brand licensing program for qualified marketers and retailers.
Russia's government may allow gasoline exports until end of August
The Russian government may extend gasoline export permits for major producers until the end of August 2025.
U.S. senators reintroduce bill to allow year-round, nationwide E15 sales
U.S. senators reintroduced a bipartisan bill on Thursday that would allow nationwide sales of gasoline with a higher blend of ethanol year-round, a plan that has the support of a leading oil trade group.
Oil refiners adding renewable feedstock to produce cleaner fuels
Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global demand for cleaner fuels.
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
U.S. crude stockpiles build on ongoing refinery maintenance
U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.
India gasoline demand to grow 6%–8% next fiscal year
Indian transportation fuel demand is expected to rise in the range of 6%–8% in fiscal year 2026, underpinned by rising vehicle sales, even as growth in Asian consumption lags growth in supply due to new refinery expansions in the region, industry executives and analysts said.
Russia may ban gasoline exports for a month to stabilize prices
Russia's Federal Anti-Monopoly Service may initiate a one-month ban on gasoline exports to stabilize wholesale prices ahead of the crop-sowing campaign
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
- Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 2/12
