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EIA: China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

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China processed record amounts of crude oil in 2021 to meet rising domestic consumption of petroleum products, according to analysis by the US Energy Information Administration (EIA). Beginning in August 2021, several COVID-19 outbreaks in China led to mobility restrictions, which in turn reduced domestic demand for petroleum products.

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Bentley ending production of iconic W12 engine with the most powerful version ever

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Bentley will cease production of its 12-cylinder gasoline engine in April 2024, by which time more than 100,000 examples of the iconic W12 will have been handcrafted in the company’s Dream Factory in Crewe, England. Since the first introduction of the 6.0-liter,

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PSA Group outlines powertrain production strategy: gasoline PHEVs, EVs and next-gen diesel and gasoline engines

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As part of the energy transition process and in line with the technological offensive spelled out in its Push to Pass strategic plan ( earlier post ), PSA Group will focus on diversifying its offerings with plug-in hybrid gasoline systems and next-generation electric powertrains. Earlier post.) Earlier post.).

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EIA STEO projects higher US crude production, increases in travel and gasoline demand

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In its latest Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) projects that US crude oil production, which averaged an estimated 8.9 For summer 2017, EIA forecasts motor gasoline consumption to average 9.5 of total gasoline consumption. million barrels per day (b/d) in 2016, will average 9.2

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Nacero selects Topsoe’s TIGAS technology for gas-to-gasoline unit; reducing lifecycle carbon footprint up to 50%

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Nacero has licensed Topsoe TIGAS (Topsoe Improved Gasoline Synthesis) technology for its multi-billion USD natural-gas-to-gasoline facility in Penwell, Texas to produce 100,000 barrels per day of gasoline component ready for blending into US commercial grades. The captured CO 2 will be used for enhanced oil recovery.

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ExxonMobil to expand ultra-low sulfur gasoline fuels production at Beaumont Refinery; SCANfining

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ExxonMobil will increase production of ultra-low sulfur fuels at its Beaumont, Texas refinery by approximately 40,000 barrels per day, further strengthening its integrated downstream portfolio while meeting environmental standards. Startup of the flexible technology is expected in 2018.

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EIA: US household gasoline expenditures in 2015 tracking to be lowest in 11 years

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The average US household will spend about $550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years, according to projections by the US Energy Information Administration (EIA). Gasoline prices are forecast to go even lower in 2015.

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