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Asia LPG market eases as supply assurance limits uncertainty

9 hours ago DieselGasoil Comments Off on Asia LPG market eases as supply assurance limits uncertainty
Singapore — Saudi Aramco has announced acceptances of October-loading term LPG nominations after a slight delay due to supply uncertainty following the attacks on key Saudi oil infrastructure, with no cuts heard and some cargoes being delayed or brought forward to earlier dates, traders said Wednesday. Not registered? Receive daily email alerts, subscriber notes & Read More

Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line

2 days ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Close of Alliance Service Sale and Agreement to Reactivate Alliance Lateral Line
CALGARY, Alberta, Sept. 16, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces the closing of the sale of a portion of its Alliance Service and the execution of an Interconnection Development Agreement with Alliance Pipeline Limited Partnership to reactivate its lateral line to the company-owned Bigstone West Gas Plant located at Read More

Refinery Margin Tracker: Refining margins mixed as Dorian swept past USAC

1 week ago DieselGasoil Comments Off on Refinery Margin Tracker: Refining margins mixed as Dorian swept past USAC
New York — Global refining margins were mixed last week as Hurricane Dorian disrupted flows of crude and products into the US Atlantic Coast, an analysis Monday by S&P Global Platts showed Monday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now Margins for imported crudes like Nigeria’s Bonny Light Read More

Asian light ends market prepares for winter; LPG set to rise from 2-year lows

1 week ago DieselGasoil Comments Off on Asian light ends market prepares for winter; LPG set to rise from 2-year lows
The Asian light ends market this week will take on further characteristics inherent to the winter period, with Asian LPG prices set to rise from two-year lows on improving fundamentals while gasoline continues to be pressured by lower US NYMEX RBOB futures. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Read More

Factbox: Hurricane Dorian aims for Nova Scotia after ravaging Eastern Seaboard

2 weeks ago DieselGasoil Comments Off on Factbox: Hurricane Dorian aims for Nova Scotia after ravaging Eastern Seaboard
Houston — As of 2 pm EDT Friday, Hurricane Dorian was 125 miles northeast of Cape Hatteras, North Carolina, and moving northeast at 21 mph with 90 mph sustained winds. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The Canadian Hurricane center issued a hurricane warning for eastern Nova Read More

Study downplays vapor risk as North Dakota, Washington fight crude-by-rail law

2 weeks ago DieselGasoil Comments Off on Study downplays vapor risk as North Dakota, Washington fight crude-by-rail law
Washington — A new federal study claims there was little evidence that vapor pressure increases the severity of crude oil fires, backing a potential move by the US government to block a Washington state crude-by-rail law, Kari Cutting, vice president of the North Dakota Petroleum Council, said Friday. Not registered? Receive daily email alerts, subscriber Read More

India reaches 80 million LPG connection target for poor households ahead of Mar 2020

2 weeks ago DieselGasoil Comments Off on India reaches 80 million LPG connection target for poor households ahead of Mar 2020
Singapore — India has achieved its goal of providing free LPG connections to 80 million poor households in late August/early September, six months ahead of the March 2020 deadline, sources with state-run firms said Tuesday. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now While some sources said this could Read More

Interview: China’s Wanhua Chemical to expand LPG trade operations in Singapore

3 weeks ago DieselGasoil Comments Off on Interview: China’s Wanhua Chemical to expand LPG trade operations in Singapore
Singapore — China’s second biggest LPG importer Wanhua Chemical Group is looking to expand its LPG team in Singapore as the company grows its trading presence in Southeast Asia, with plans for new ethylene projects in China that consume LPG and naphtha as feedstock. Not registered? Receive daily email alerts, subscriber notes & personalize your Read More

Interview: China’s Wanhua Chemical to hike 2020 LPG imports as world-first project starts up

3 weeks ago DieselGasoil Comments Off on Interview: China’s Wanhua Chemical to hike 2020 LPG imports as world-first project starts up
China’s top petrochemical maker Wanhua Chemical Group aims to increase LPG imports to about 5.5 million mt in 2020 from 4 million mt this year as it procures feedstock from diversified sources ahead of new projects in Yantai and widens trading activities in Asia, a senior company executive told S&P Global Platts in a recent Read More

US to raise tariffs on $550 billion of Chinese imports by 5 percentage points: Trump

4 weeks ago DieselGasoil Comments Off on US to raise tariffs on $550 billion of Chinese imports by 5 percentage points: Trump
Washington — The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1, and raise the current 10% tariff on another $300 billion of Chinese imports to 15% on September 1, President Trump tweeted late Friday. Not registered? Receive daily email alerts, subscriber notes & personalize Read More