Gasoline News

Valero's Conference Call Had Little Good News On The Impact Of IMO 2020

The scenarios laid out by Valero officials on their third-quarter earnings call painted a picture of a market that already has begun to make moves linked to IMO 2020.Diesel spreads relative to benchmarks like dated Brent crude have been wider over the past several weeks. Gary Simmons, the senior vice president of supply…

5 Best Sector ETFs of October With Double-Digit Returns

October has been kind to the U.S. stock market thanks to U.S.-China trade progress, better-than-expected corporate earnings and a third Fed rate cut.U.S. President Trump said that negotiations for the so-called phase one of the trade deal with China were ahead of schedule. The Office of the U.S. Trade Representative said…

Oil Prices Break Winning Streak  | Rigzone

by  Matthew V. Veazey|Rigzone Staff|Monday, October 28, 2019TweetWTI and Brent broke the string of day-on-day gains from last week.West Texas Intermediate (WTI) and Brent crude oil posted an uninterrupted string of day-on-day gains from Tuesday through Friday last week. The contracts failed to extend the winning streak to Monday.The WTI for December delivery lost 85 cents Monday…

Friday November 1, 2019 « Carbon Pulse

Presenting CP Daily, Carbon Pulses free newsletter. Its a daily summary of our news plus bite-sized updates from around the world. Subscribe hereTOP STORYSpain’s offer to host this year’s UN climate talks has been approved, the international organisation said Friday, with Madrid set to be the venue after Chile pulled out…

The Making Of A (Supply Chain) Star

Wind is “the tech of choice,” the International Energy Agency said recently, just as a new report by the University of Delaware outlined the opportunity in U.S. offshore wind: 5,000 miles of offshore cabling and 1,700 turbines, it turns out, are bundled into current state-side plans. Yet, serious observers of the first U.S.

Lexus Unveils New LY 650, and its a Yacht

Lexus has a new vehicle in its lineup and it doesnt have any wheels at all. Its also the longest vehicle to carry the brand, measuring over 60 feet from front to back. Thats because the Lexus LY 650 is actually a yacht.Inspired by the publics reception to the Lexus Sport Yacht Concept the Japanese luxury car brand unveiled in January 2017…

National Oilwell Varco Reports Third Quarter 2019 Results

HOUSTON--(BUSINESS WIRE)--Oct 28, 2019--National Oilwell Varco, Inc. (NYSE: NOV) today reported third quarter 2019 revenues of $2.13 billion, compared to $2.13 billion for the second quarter of 2019 and $2.15 billion for the third quarter of 2018. Net loss for the third quarter of 2019 was $244 million, which included non-cash…

Australian crude exports may surpass 100 mil barrels on Enfield project

Australia is on course to export more than 100 million barrels of crude oil for the calendar year 2019, as the restart of the Greater Enfield project leads to ample heavy sweet crude production, while condensate sales to Asian buyers remain robust.Australia exported 9.85 million barrels of crude oil and other refinery feedstocks including condensate in August…

General Electric Company, Wärtsilä, Rolls-Royce Holdings plc, Deutz AG, Caterpillar Inc., Cummins In

The global gas engine market is poised to increase with +10.69% CAGR between the years 2018-2026. The base year considered for the study is 2017 and the forecast period is 2018-2026.The two main factors that drive the market are lower gasoline prices, which have declined by more than 30% in recent years, and strict marine fuel emission regulations…
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Brownfield sites curb Russian growth

Producers profit from post-devaluation oil pricesbut oil fields are depletingYou have 1 free article remainingSubscribe now for unlimited access or become a Bronze Member for free For queries see our FAQ or contact usSubscribeBronze Sign-upMember LoginAs we had predicted in the last year's article, oil production in Russia continued to grow in 2018.

Faith in U.S./China Breakthrough Mitigates Crude Losses; Inventory Drops Predicted

Crude traders maintaining their hope in improving U.S./China relations was credited partly for initial losses being mitigated on Tuesday, with Brent settling up 2 cents at $61.59 per barrel after falling as low as $60.66, and West Texas Intermediate ending 27 cents lower at $55.54 after earlier sinking to  $54.61. However…

1st Maritime Aircraft Wing rapidly deployed extra than 25 plane

The United States Marine Corps noted that 1st Maritime Plane Wing rapidly deployed additional than 25 aircraft to austere, expeditionary places and then returned individuals plane and forces to Maritime Corps Air Station Futenma from Oct 24 to 25, 2019.Immediate deployment workout routines like this are necessary to keeping the readiness wanted to uphold commitments to U.S.

When the IMO 2020 Hits the Fan

I was a dead man. We were going 130 miles per hour. My date was passed out, head lolling above a cloud-like mauve dress as we launched south on Interstate 87 in the backseat of a Buick Grand National. Empty wine coolers rolled on the floor.It was prom night, and we had left Saratoga in a jovial mood, but things had taken…

Nigeria’s Dangote refinery to rely on ports, roads for fuel deliveries

LAGOS — Africa’s largest oil refinery will deliver its fuels to Nigerian consumers via roads and sea ports and will effectively replace all of Nigeria’s fuel imports once fully operational, a company executive said on Tuesday.The 650,000 barrel per day Dangote oil refinery is under construction in Lagos, the biggest city…

Nigeria's Dangote refinery to rely on ports, roads for fuel deliveries | News

Tuesday, October 29, 2019 12:14 p.m. CDTBy Libby GeorgeLAGOS (Reuters) - Africa's largest oil refinery will deliver its fuels to Nigerian consumers via roads and sea ports, and will effectively replace all of Nigeria's fuel imports once fully operational, a company executive said on Tuesday.The 650,000 barrel-per-day Dangote oil refinery is under construction in Lagos…

Burning boat takes clues of fatal fire down to watery grave

By BRIAN MELLEY, Associated PressLOS ANGELES — Officials vowed to find what sparked the inferno aboard the dive boat Conception that killed 34 people in waters off Southern California but vital evidence may have gone down with the ship or drifted out to sea.The main piece of evidence, the charred remains of the boat, rests on the sea floor in 60 feet (18 meters) of water.

Troubled Waters along the Guyana-Venezuela Border - Guyana

Bram EbusJust outside Etheringbang, a tiny Guyanese outpost in the jungle on the Venezuelan border, the Cuyuní river that separates Guyana from Venezuela winds through banks thick with undergrowth. On the northern side, locals tell me, lies a camp for Colombian guerrillas living some 700km away from their homes, while other armed groups also operate nearby.

FACTBOX-Big Oil's climate targets vary widely

LONDON, Oct 9 (Reuters) - Here is an overview of the various self-imposed greenhouse gas reduction targets set by the world's big oil and gas companies, which investors and analysts say are difficult to compare. Scope 1 refers to emissions from a company's direct operations such as a diesel generators on an offshore platform…

Reviewing RPM International Inc. (RPM)'s and Innospec Inc. (NASDAQ:IOSP)'s results

As Specialty Chemicals businesses, RPM International Inc. (NYSE:RPM) and Innospec Inc. (NASDAQ:IOSP), are affected by contrast. This especially applies to their analyst recommendations, profitability, institutional ownership, risk, dividends, earnings and valuation. Earnings & ValuationGross RevenuePrice/Sales RatioNet…