Gasoline
Exxon profit set to soar again; White House wants more oil
Wall Street analysts sharply increased their ExxonMobil Corp second-quarter profit estimates after the largest U.S. oil producer projected it could almost double its first-quarter earnings.
Oil from U.S. reserves sent overseas as gasoline prices stay high
More than 5 MM barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month.
Technip Energies wins EPC contract by Hafslund Oslo Celsio for a CCS project at waste to energy plant in Norway
Technip Energies has been awarded a large EPC contract by Hafslund Oslo Celsio, the largest supplier of district heating in Norway, for a world-first carbon capture and storage (CCS) project at waste to energy plant located in Oslo, Norway.
India to drop windfall tax if oil prices fall $40 a barrel
India will only withdraw its windfall tax introduced last week for oil producers and refiners if global prices of crude fall as much as $40 a barrel from present levels.
Venezuela's second largest refinery suspends gasoline production
Venezuela's state company PDVSA has suspended gasoline production at the country's second largest refinery due to an outage at its reformer.
Strike underway at Exxon refinery in France
Workers at Exxon's Esso refinery in Fos-sur-Mer in southern France have gone on strike demanding higher wages.
Braskem Idesa announced partner for new $400 MM Mexico ethane terminal
Braskem Idesa´s new partner in a $400 MM investment in an ethane import terminal in Mexico will be Advario, part of the storage and logistic infrastructure company Oiltanking.
Japan's gasoline demand almost at pre-pandemic levels after subsidy
The head of the Petroleum Association of Japan (PAJ) said the country's subsidies for gasoline had helped restore demand close to pre-pandemic levels in May and June.
Kuwait investing to meet any OPEC output increase
Kuwait Petroleum Corporation chief said the Gulf producer had the capacity to reach its OPEC quota and was moving to its first offshore production as it invests to meet future oil demand.
First flight in history with 100% sustainable aviation fuel on a regional commercial aircraft
Regional aircraft manufacturer ATR, Swedish airline Braathens Regional Airlines and sustainable aviation fuel (SAF) supplier Neste collaborated to enable the first ever 100% SAF-powered test flight on a commercial regional aircraft.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
