California drivers consumed over one billion gallons of gasoline per month in 2024, but the state’s ability to produce that vital fuel is shrinking amid policy-driven market shifts, rising regulatory ...

The company cites increasing jet fuel demand and decreasing gasoline demand as the reason for the project. Carbon sequestration is key to producing low-carbon jet fuel and increasing profitability.

The Dangote Oil Refinery will in August begin directly begin supplying fuel to retail stations, manufacturers, telecoms firms, and other large users, a move that could enhance supply but puts it in ...