MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 17.Aug.2025, Words: 211) — State-owned Petróleos Mexicanos (Pemex) remains steadfast in its response that there is no shortage of gasoline in certain regions of Mexico and that supply is guaranteed, especially in Mexico City and surrounding vicinities. Pemex said incidents at […]
Tag: Gasoline
Petrobras on Commercial Strategy for Diesel and Gasoline
(Petrobras, 16.May.2023) — Petrobras informs that its Executive Board approved yesterday, 15 May 2023, the commercial strategy to define Petrobras’ diesel and gasoline prices, replacing the pricing policy for gasoline and diesel commercialized by its refineries. The commercial strategy uses market references such as: (a) the customer’s alternative cost, as […]
British Gov’t Prepares To Help With Gas Crisis
(NPR, 18.Sep.2021) — The British government is putting up to 150 army drivers on standby to operate gas tanker trucks, as the country’s fuel delivery crisis continues and motorists roam greater London in search of open gas stations. The government insists the U.K. is not facing a fuel shortage, just […]
YPFB To Boost Fuel Supplies For “Todos Santos” Weekend
(Energy Analytics Institute, 31.Oct.2020) — Yacimientos Petrolíferos Fiscales Bolivianos (YFB) announced plans to boost fuel volumes to supply the general population over the weekend and through the “Todos Santos” holiday, according to an internal report from the Department of Corporate Commercialization at the state entity. The increased volumes are needed […]
Fuel Shortages Persist Across Venezuela
(Energy Analytics Institute, 10.Oct.2020) — Venezuela continues to suffer from severe shortages of fuel from gasoline to diesel and across the entire country despite the recent arrival of three Iranian tankers with manly gasoline supplies. Fuel shortages continue across the OPEC-member country since the second shipment this year of Iranian […]
Venezuela Oil Collapse Stops Gas Smuggling In Colombia
(Wbur, 9.Sep.2020) — The economic hardship in Venezuela has been a huge burden for neighboring Colombia. Finally, a silver lining: the collapse of Venezuela’s oil industry has stopped gas smuggling into Colombia. NPR’s John Otis reports here. __________
Ecuador Applies Fuels Price Band
EP PetroEcuador will apply the fixation and publication of prices in Ecuador’s clean products terminals in compliance with executive decree no. 1054 of 19 May 2020, by means of which the “regulation of prices of petroleum derivatives” was amended.
Venezuela Tightens Grip On Fuel Stations
(Reuters, 28.Jun.2020) — Venezuelan state oil firm PDVSA has told independent gas station operators it can revoke their licences “at any time”, only weeks after it cut generous fuel subsidies and as widespread shortages take hold, a notification PDVSA sent to the operators showed. PDVSA has a monopoly over the […]
Iran To Keep Offloading Fuel Glut To Venezuela
(Reuters, 15.Jun.2020) — Iran could send two to three cargoes a month in regular gasoline sales to ally Venezuela, sources say, helping offload domestic oversupply but risking retaliation from U.S. President Donald Trump who has sanctions on both nations. Iran has since April sent five tankers totaling about 1.5 million […]
Guaido Team Promises Fuel Surge In Venezuela
(Argus, 8.Jun.2020) — Venezuela’s US-backed political opposition is promising to restore stable fuel supply in two weeks if it takes power, kicking off with crude-for-products swaps. In an initial stage, such swaps would be carried out with Citgo, the US refining arm of Venezuela’s US-sanctioned national oil company PdV. Gasoline […]
Venezuela’s Gasoline System Fails To End Epic Lines
(Reuters, 7.Jun.2020) — Hundreds of Venezuelans queued up in miles-long lines to try to fill their cars with subsidized gasoline over the weekend, a week after President Nicolas Maduro launched a new dual-price system aimed at easing an acute fuel shortage. Maduro on May 30 announced the new system in […]
Iran’s Message To US With Venezuela Oil Shipments
(Financial Times, 4.Jun.2020) — For the Islamic republic, it was a mission fraught with risk: send five Iranian-flagged fuel tankers through some of the world’s most crucial maritime gateways to cash-strapped Venezuela without being stopped by the Americans. With the shipment, Iran intended to send a clear message: that it […]
Venezuela, In Historic Shift, Scales Back Fuel Subsidy
(WSJ, 31.May.2020) — The regime of Nicolás Maduro, grappling with intense gasoline shortages, said it will scale back its longstanding fuel subsidy and privatize service stations, in a significant shift for Venezuelans long accustomed to filling up their cars free of charge. The measures, which take effect on Monday, are […]
Maduro Vows To Raise Venezuelan Gasoline Price
(Reuters, 27.May.2020) — Venezuelan President Nicolas Maduro on Wednesday pledged to begin charging citizens for gasoline, as the fourth cargo of a five-tanker flotilla bringing fuel from Iran approached the South American nation’s exclusive economic zone. Iran is providing the country with up to 1.53 million barrels of gasoline and […]
Third Iranian Fuel Cargo Approaches Venezuela
(Reuters, 26.May.2020) — The third cargo of an Iranian tanker flotilla carrying fuel for gasoline-thirsty Venezuela was approaching the nation’s exclusive economic zone on Tuesday as the previous two were preparing to discharge, according to Refinitiv Eikon data. The Iran-flagged tanker Petunia entered the Caribbean Sea on Monday after crossing […]
First Iranian Tanker Reaches El Palito Refinery
(Energy Analytics Institute, Piero Stewart, 25.May.2020) — The first of five Iranian tankers carrying gasoline and additives for making fuel from Iran to Venezuela has reached the Caribbean country’s shores. The first tanker Fortune has reached El Palito Refinery, according to a Twitter post by Venezuela’s Economy Vice President Tareck […]
US Seeks Ways To Halt Iran’s Oil Sales To Venezuela
(Wall Street Journal, 20.May.2020) — The Trump administration is weighing new sanctions and other legal steps to disrupt Iranian oil exports to Venezuela, U.S. officials said, in response to what the U.S. considers the Islamic Republic’s attempts to make inroads into Latin America. The possibility of new U.S. sanctions and […]
Iran’s Oil Supply To Venezuela Eases Glut
(Argus, 19.May.2020) — Iran’s gasoline shipments to Venezuela are helping to ease a supply glut at home, where demand has collapsed because of strict measures to check the Covid-19 pandemic. The shipments and Tehran’s parallel support for Venezuelan state-owned PdV’s effort to repair its refining system have the added effect […]
PetroEcuador Dispatches Fuel From Barbasquillo
(Energy Analytics Institute, Piero Stewart, 7.May.2020) — EP PetroEcuador on 2 May 2020 started dispatching super gasoline from the Barbasquillo Clean Products Terminal located in Manta in order to satisfy demand in the province of Manabí. The fuel was was previously dispatched from the Pascuales Terminal located in the city […]
Petrobras Cuts Gasoline Prices By Near 10%
(Reuters, 12.Mar.2020) — Brazil’s state-controlled oil company Petrobras cut gasoline prices at refineries in the country by almost 10% on Thursday, the first cut since this week’s oil price collapse, a move that could boost sugar production and reduce ethanol output. The oil company, which has a near refining monopoly […]
PDVSA Steps Up Shipments To Cuba
(Reuters, 14.Feb.2020) — Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters. Six vessels, most of them owned by PDVSA’s maritime […]
Argentina Extends Diesel, Gasoline Frice Freeze
(Argus, 30.Jan.2020) — Argentina’s government said Thursday it has extended a freeze on diesel and gasoline prices until the end of February, as it tries to reel in one of the highest inflation rates in the world. The freeze had been due to end Friday, but the country’s president, Alberto […]
PDVSA Touts Gasoline Delivery
(Reuters, 31.Dec.2019) — With an emoji of a flexing bicep, Venezuelan state oil company Petróleos de Venezuela, S.A., or PDVSA, on Tuesday celebrated what was once a routine task in the OPEC nation: delivering gasoline. Acute gasoline shortages in much of Venezuela’s interior have in recent days reached the capital […]
Petrobras Says Daily Gasoline And Diesel Prices Available On Website
(Petrobras, 22.Apr.2019) — Petrobras informs that as of today, the daily prices of gasoline and diesel in each of its points of sale throughout the national territory are available on its website www.petrobras.com.br. ***
To Halt Energy Slide, Mexico Turns To A Trusted Provider: Mexico
(NYT, Elisabeth Malkin, 11.Apr.2019) — President Andrés Manuel López Obrador envisions a future in which Mexico produces more oil, gasoline and electricity. But his strategy to get there relies on reaching back into his country’s past. Breaking with a five-year-old energy overhaul that opened Mexico’s closely held oil industry to […]
Bolivia Eyes 30% Increase In Hydrocarbon Subsidy In 2019
(Energy Analytics Institute, Ian Silverman, 1.Dec.2018) — Bolivia envisions a 30% increase in its hydrocarbon subsidy due to the rise in the price of oil in international markets. The higher oil prices and subsequent subsidy under Bolivia’s General State Budget for 2019, also known as PGE-2019, will result in increased […]
Is Your Gasoline Burning Out Faster?
(Trinidad Express, Sandhya Santoo, 7.Nov.2018) — Is super gasoline burning faster? This is the claim by some motorists who are insisting that the fuel is burning faster, leading to lower mileage per litre and higher costs. And many taxi drivers say that the Super gasoline is causing economic hardship. Some […]
Santa Cruz Reports Sale of 200,000 Liters of Ethanol 92 In Four Days
(Energy Analytics Institute, Jared Yamin, 5.Nov.2018) — Commercialization of Bolivia’s new ‘Super Ethanol 92’ gasoline reached nearly 200,000 liters in the first four days after it was introduced in the department of Santa Cruz, reported the daily newspaper La Razón, citing National Hydrocarbons Agency (ANH) Director Gary Medrano. *** #LatAmNRG […]
Bolivia To Kick Off Sale Of Super Ethanol 92 On Nov. 1
(Energy Analytics Institute, Jared Yamin, 30.Oct.2018) — Bolivia announced it expects to initiate sale of its new Super Ethanol 92 fuel on November 1, 2018. Santa Cruz will initiate the sales process from its 30 service stations. By year end 2018, an estimated 300 service stations across Bolivia will sell […]
Mexico’s Next Government Faces Bind In Pemex Ethane Deal
(Reuters, Diego Oré, 17.Oct.2018) — Mexico’s incoming government will soon inherit a costly dilemma over an ethane supply contract between national oil company Pemex and a consortium led by a unit of Brazilian builder Odebrecht. Under the contract’s terms, Pemex has had to supply ethane well below current market prices. […]
Pemex Rolls Out New Fuel Additive To Protect Gasoline Engines
(Pemex, 11.Oct.2018) — Pemex introduced the new gasoline additive that will be added into Pemex Magna and Pemex Premium fuels, the additive will be promoted under the brand name of Pemex Aditec. This fuel additive is environmentally friendly, and will keep the engine up to 97 per cent free of […]
Khan: No Fuel Supply Disruption
(Trinidad and Tobago Newsday, Julien Neaves, 26.Sep.2018) — Energy Minister Franklin Khan has assured there would be no disruption in fuel supply to the travelling public with the closure of the Petrotrin Refinery next Monday. Khan was responding to a question in the House yesterday from Pointe-a-Pierre MP David Lee […]
Jamaica: Gas Prices Down $0.72, Diesel Down $0.35
(Jamaica Gleaner, 12.Sep.2018) — Gas prices are to go down by $0.72 tomorrow Thursday, September 13 The state-owned oil refinery, Petrojam, says E-10 87 will sell for $137.82 per litre and a litre of E-10 90 will sell for $140.65. Automotive diesel oil will go down by $0.35 per litre to […]
Mexican Fuel Consumption 778 Mb/d: Jan.-Jul. 2018
(Energy Analytics Institute, Jared Yamin, 3.Sep.2018) — During the first seven months of 2018, the average consumption of gasoline in Mexico was 778,000 barrels per day, or 124 million liters per day. Of the total, approximately 659,000 barrels per day, or 85% of total consumption, corresponded to Pemex Magna, while […]
Kamla Floats Guyana Help for Trinidad Refinery
(Stabroek News, 2.Sep.2018) — Trinidad Opposition Leader Kamla Persad Bissessar has raised the prospect of Guyana oil being used to rescue the beleaguered Petrotrin refinery but Prime Minister Keith Rowley last evening said the aged facility had no reasonable prospect. Defending the decision by his government to close the over […]
Brazil’s Energy Agency Opts for Argus Prices
(Argus Media, 30.Aug.2018) — Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) will start using prices published by leading global energy and commodities price reporting and news agency Argus to set a government diesel subsidy. ANP has announced that it will, from 31 August, adopt Argus delivered prices […]