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Gasoline
Oil Price
Soaring Fuel is Bad Timing for Governments Facing Voters
Oil’s relentless march toward triple figures has already prompted political action from incumbents. India cut retail taxes on gasoline and diesel in November a…
Oil Price
White House: No Oil Producer Should Hold Back Supply As Oil Hits $90
The White House says as oil hit $90, noting that the U.S. Administration has left “all options on the table” to address high oil and gasoline prices and could…
Oil Price
Oil Prices Inch Higher Despite Large Gasoline Build
Crude prices dipped slightly before jumping again after the Energy Information Administration reported an inventory decline of 4.6 million barrels for the week …
Crude Oil
Oil Rallies Amid Worsening Unrest In Crude Producer Kazakhstan
Oil markets shrug off dip in U.S. gasoline demand
Oil & Gas Trade
Hyundai Oilbank to Export Gasoline and Diesel to Hawaii
Hyundai Oilbank announced on Dec. 28 that it has signed a long-term contract to export finished petroleum products to Hawaii.
Hydrogen Fuel Cell
Scientists Develop New Hydrogen Fuel Engine that Can Power Industrial Drones
The Korea Institute of Machinery and Materials said Thursday that it has developed a 5-kilowatt hydrogen fuel engine that can power heavy lift industrial drones…
Crude Oil
Biden “Looking at” Tapping Strategic Oil Reserve, Energy Secretary Says
U.S. President Joe Biden “is looking at” a potential release from the Strategic Petroleum Reserve to bring down gasoline prices after OPEC+ rejected his reque…
Crude Oil
OPEC Rejects Biden’s Call for More Oil
OPEC+ headed for a clash with the U.S. as more members rejected President Joe Biden’s call for the group to raise oil production faster and help reduce gasolin…
Oil Price
Mideast Gulf Gasoline Premium at More Than Decade High
The Mideast Gulf gasoline premium rallied to a more than ten-year high, on the back of strength in the Asian gasoline market and unplanned refinery outages east…
Oil Pipeline
Petrobras Closes Contaminated Gasoline Pipeline
Brazil's state-controlled Petrobras temporarily closed its 266km Opasc refined products pipeline because of sulfur contamination.
Hydrogen Fuel Cell
Chile Kickstarts Construction of Largest e-Fuel Project in LatAm
Chile on Friday commenced in its southern region of Magallanes the construction of the largest project in Latin America to produce synthetic gasoline from green…
EV Technology
Toyota to Spend $13.5 bln to Develop Electric Vehicle Battery Tech by 2030
The world's largest automaker by volume, which pioneered hybrid gasoline-electric vehicles with the popular Prius, is moving rapidly to deliver its first all-el…
Hydrogen Project
Chile Breaks Ground on Green H2 Pilot Project
Chile's Highly Innovative Fuels consortium has broken ground on a $45mn green hydrogen pilot project to produce methanol and carbon-neutral gasoline and LPG.
Oil & Gas Trade
New Zealand's Oil Refinery Set to Convert Into Import Terminal
New Zealand will stop refining crude oil from next year after shareholders in the country's sole refinery greenlighted a plan to convert it to a gasoline-import…
Oil & Gas Trade
Russia’s Energy Ministry Proposes Ban on Gasoline Export
Russia’s energy ministry said on Friday it filed a proposal for the government to start a procedure for a ban on gasoline exports.
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