Ford Slashes SUV, Truck Production, Steps Up Production of Smaller Vehicles, Delays Introduction of New F-150

Global Refining & Fuels Report: Top Stories	July 02, 2008
Theresa Ward, Managing Editor, Newsletter Group	E-mail

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Volume 12, Issue 14

Top Stories
Saras Believes in ‘Long Term Profitability’ of Refining
Ford Slashes SUV, Truck Production, Steps Up Production of Smaller Vehicles, Delays Introduction of New F-150
ICE Futures Europe Says Speculation Not Primary Driver of Crude Prices
EIA: World Energy Consumption to Grow 50% by 2030
CIBC Predicts $7/gal Gasoline in U.S. in 2010
Global Refining Capacity Catch-up Seen by 2012, Except for China
Distillate Demand Growth, Price Controls Explain Global Oil Price Spikes
Survey: 36% Willing to Buy Hybrid, 46% Willing to Buy Electric
BP: Refining Capacity Steadily Increasing Everywhere Except Europe
Market Snapshot
Gasoil
Brent
News from Americas
U.S. EPA Warns of Illegal RIN Trading
Marathon Starts Construction of Detroit Expansion
Ford Aims to Lower CO2 Emissions by 30% by 2030
EnCana Believes it Will Still Get Permits for Illinois Refinery Project
Brazil Greenlights Petroleum Product Pipeline
Newfoundland Refining Company Granted Stay of Proceedings
Shell Refinery Fined for Alleged Safety Violations
Report: Final Agreement for Petrobras-PDVSA Refinery Likely Delayed Again
Suncor to Expand Ethanol Production in Canada
Environmental Impact Report for Big West Project Made Public
Delek US Holdings Exploring Refinery Purchase
News from Middle East / Asia
Qatar, Shell, PetroChina to Build Refinery in China
ONGC Replaced on Kakinada Refinery Project
JV for Saudi Aramco/Total Jubail Refinery Official
Report: Iran Refinery to Triple Gasoline Output by 2012
India’s Oil Companies Moving to Avoid Government Price Controls on Diesel Fuel
PetroChina Starts Gasoline Desulfurization Unit
Shaw Group Selected for Hyundai Oilbank Refinery Project
Mazda Plans to Reduce Fuel Consumption 30% by 2015
Sinopec Expands Luoyang Refinery
Sinopec Finishes First Phase of Wuhan Expansion
Foster Wheeler Gets Contract for Refinery Project in Russian Republic
Reliance to Use Shell Catalysts for Process Units at New Refinery
Rosneft Exploring Refinery in Chechnya
News from Europe / Africa
Shell CEO: Auctioning for Refiners Should Be Phased-in Under EU ETS
Report: Unipetrol Aims to Buy Shell’s Share of Czech Refinery
Lukoil, ERG Form Joint Venture
Kherson Refinery Could Begin Processing in July
EU to Hold Hearing on Potential OMV Acquisition of MOL
VW Selects Battery Company for PHEV Project
PetroSA Releases Tender for Coega Refinery Engineering
Urea-SCR Growing Fast in Europe; N. America ‘Different Dynamics’
Kenya Changes Mind, Decides to Sell Refinery Stake to Tamoil Instead of Essar
South African Company Purchases Piece of Shell Refinery Stake
Market Report
NYMEX Crude Moves Less than $1/bbl for Third Straight Trading Day

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