Gasoline

Taiwan's CPC buys first crude with carbon offset from SOCAR

Taiwan's state refiner, CPC Corp, said it has received the country's first crude cargo with certified carbon offset from SOCAR Trading, the trading arm of Azerbaijan's state oil company.

Japan’s first SAF helicopter flight with H215

Airbus Helicopters in Japan and Japan’s leading helicopter operator Nakanihon Air (NNK) have jointly performed the country’s first ever helicopter flight powered with SAF.

U.S. average gasoline prices reach $4.85 per gallon in early June, more than anticipated

U.S. gasoline prices surged in early June 2022 from a week earlier by over a quarter of a dollar during a spring holiday known as Memorial Weekend that took the average fuel pump reading nationwide to about $4.85 per gallon.

Saudi cuts crude supply to some Chinese refiners in July, sources say

Saudi Aramco has notified at least five North Asian refiners, mostly Chinese, that it will be supplying less than contracted volumes of crude oil in July.

China May crude oil imports at 45.83 MMt, customs data shows

China's crude oil imports rose nearly 12% in May from a low base in the same month a year earlier, although refiners still battled high inventories with COVID-19 lockdowns and a slowing economy weighing on fuel demand.

High fuel prices could erode public support for energy transition, Chevron CEO says

Europe's plan to double down on renewable fuels in response to rising fuel costs could have the unintended short-term effect of increasing prices and slow down the energy transition, Chevron Corp Chief Executive Michael Wirth said.

Croatia ready to increase Adriatic oil pipeline capacity, Hungary says

Croatia is ready to increase the capacity of the Adriatic oil pipeline to supply Hungary and Slovakia with crude in case of any disruptions to imports from Russia via the Druzhba pipeline.

GE Digital launches accelerator tools to help energy companies accelerate digital transformation

GE Digital announced its new Accelerator product line adding best-in-class software tools to help empower companies in asset-intensive energy industries to quickly configure its Asset Performance Management (APM) and other offerings.

Malaysia Airlines flies its first passenger flight with Neste MY Sustainable Aviation Fuel supplied by PETRONAS

In conjunction with World Environment Day, Malaysia Airlines operated its first passenger flight using Neste MY Sustainable Aviation Fuel on flight MH603 from Kuala Lumpur to Singapore.

The downstream rundown: In case you missed it

In case you missed any downstream news, this piece will give you a summary of some of the top stories from last week.