Gasoline stocks plunge amid stronger demand and driving boom: S&P
Gasoline inventories reported an unexpected plunge in the week ending June 18, reported S&P Global; as demand for gasoline is reaching pre pandemic levels and...
Tag : gasoline
Bechtel secures FEED contract with Nacero for 1st natgas to gasoline facility
Bechtel has secured a contract with Nacero for the Front-End Engineering and Design (FEED) contract for the first natural gas to gasoline manufacturing facility in...
Colonial Pipeline reports IT problems on Tuesday; disruptions fixed
Colonial Pipeline, the largest midstream asset in the United States, reported IT problems this Tuesday, amid its efforts to fully restore the supply chain it...
Gasoline shortages ease; pumps still dry in some areas
Gasoline shortages in the United States have eased since the largest pipeline, the Colonial Pipe, came back online from a very disruptive cyberattack in recent...
Petroleum shortages hit East Coast; refiners in the dark after Colonial pipe shut
Petroleum shortages are hitting the U.S. East Coast area, as four days after the crisis generated by the criminal hack into the Colonial Pipeline, the...
Colonial Pipeline still shut due to cyberattack – FBI identifies responsible hacker group
Since Friday, the U.S. largest fuel pipeline Colonial Pipeline continues shut after a cybersecurity attack. Still, it remains unclear how long the outage will last....
Odessa Development Corp. and Nacero Inc. to build the US first natural gas-to-gasoline manufacturing facility
Last month, the Odessa Development Corporation and Nacero Inc announced their plans to build a $6.5 billion to $7 billion lower-carbon gasoline manufacturing facility at...
Gas prices expected to increase as the pandemic eases
The price of gasoline is expected to raise $3 a gallon by the end of 2021in the U.S. due to the economic recovery from the...
U.S. gasoline prices hit high record as holiday travel peaks
Gasoline prices in the United States have reached a nine-month high record, as the holidays prompted a rush in travels by road; the rise in...
Oil demand will climb by 6,3 million barrels a day in 2021: Platts
An uneven oil demand recovery across regions and products was forecast by S&P Global Platts Analytics this Wednesday, with an estimated increase of 6,3 million...