Technology
Margins & Economics

Chevron Selling 50% Stake In Caltex Australia

Chevron said it’s putting up for sale its 50% interest in Caltex Australia, likely to a “broad range of Australian and global equity market institutional investors,” the company announced March 27.

Policy

UAI Files New Petition Challenging EPA’s Emissions Model

The Urban Air Initiative (UAI) recently filed a new petition against the U.S. Environmental Protection Agency (EPA) as the next step in what UAI officials describe as their ongoing effort to challenge the agency’s defective emissions models and policies relating to ethanol-gasoline blends.

Policy
Fuels

Alon, Criterion Team-Up On Boosting ULSD Output

With the global demand-growth curve for ultralow sulfur diesel (ULSD) continuing to outrun demand growth for gasoline, more refiners are seeking to exploit this trend by employing novel schemes to boost total ULSD output.

Transportation
Margins & Economics