Light distillates fell 5.1 percent week on week to 6.915 million barrels, the steepest decline among the three oil product categories. The category covers gasoline, blending components such as ...

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QatarEnergy has inked a landmark 20-year agreement with Shell International Eastern Trading Company (Shell) for long-term naphtha supply. The agreement signals continued growth for both companies ...

The CTA said, “As the intended use and nature of alkylate differ greatly from those of naphtha and regular gasoline, the former cannot be placed under the same category as the latter two ...

This is the third long-term naphtha sale announced by QatarEnergy this month, following agreements with Idemitsu Kosan and Haldia Petrochemicals. Image by Nabil Kamara via iStock Japanese refining ...

Vancouver, Jan. 23, 2024 (GLOBE NEWSWIRE) -- The global naphtha market size was USD 282.0 Billion in 2022 and is expected to register a rapid revenue CAGR of 3.8% during the forecast period.

28, the CTA Special Second Division cited a Supreme Court (SC) ruling that ruled alkylate does not fall under substances that are subject to excise tax mandated under the Tax Code. The law imposes ...

The collection of the excise taxes was based on the June 29, 2012 letter of the BIR which states that “alkylate, which is a product of distillation similar to that of naphtha, is subject to excise tax ...