gasoline | Egypt Oil & Gas - Part 7
Europe’s Guvnor, Vitol Record First Gasoline Shipment to Iran
Europe’s trading giants Guvnor and Vitol shipped their first gasoline to Iran vying for Iranian market share to gain a foothold in the Iranian oil supply.
US Gulf Oil, First Foreign Co. to Enter Mexico’s Gasoline Market
US based Gulf Oil LP it is entering Mexico's gasoline retail market, becoming the first foreign company to do after the energy reform that ended more than seven decades of government monopoly in the sector.
CBE Secures $400m for Energy Imports
The Central Bank of Egypt (CBE) opened a commercial letter of credit of $400m for the Egyptian General Petroleum Corporation (EGPC), to be paid within three months starting from January. European Refineries Seek to Maximize Gasoline Output
European oil refiners aim to maximize gasoline output to meet increased global demand for gasoline and naphtha in the Asian and US markets.
Former Minister: Official Cost for Liter of Gasoline EGP7
The official cost for a liter of gasoline in Egypt is EGP7, said Osama Kamal, the former Minister of Petroleum.
Sinopec Entrenches its Reach in Maritime Southern Asia
China Petrochemical Corp., Sinopec announced its plan to build a gasoline filling station and a storage depot at its outpost in the disputed Paracels Island in the South China Sea to ramp up its fuel supplies. US Increase Quotas for Renewable Fuels Blend
The US Environmental Protection Agency (EPA) announced earlier this week new quotas for renewable fuels blended into gasoline in 2016, higher than expected.
UAE’s Fuel Prices and Petrochems Move in Opposite Directions
The UAE ministry of energy announced it will again lower domestic prices for gasoline and diesel in December.
