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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.
Vietnam
Renewed Lockdown to Limit Vietnam's Gasoline Demand
Net importer Vietnam's gasoline demand is expected to take another hit as part of the country returns to a lockdown with rising Covid-19 cases.
Crude Oil
Russia Weighs Gasoline Export Ban
Russia is ready to introduce a ban on gasoline exports as soon as next week amid record-high wholesale prices on the exchange.
Crude Oil
Nigeria’s Oil Revenues Slump 98% In April
Nigeria’s crude oil export revenues slumped by as much as 98 percent from March to April this year because of movements in the price of gasoline.
Oil Price
US Pump Prices Become Pressure Point for Biden
Rising gasoline prices heading into the summer are emerging as a political liability for President Joe Biden, as critics try to direct voter frustration about p…
Crude Oil
S Korea's SK Energy to Limit Q2 Oil Product Output Amid Fragile Asian Demand
Transportation fuels -- including gasoline, diesel and jet fuel -- saw their refining margins improve sharply from 2020 levels amid a pick up in mobility, but S…
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