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Americas

As Venezuela pumps below OPEC target, oil rivals begin filling gap

HOUSTON/DUBAI (Reuters) — As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC output target, rival producers have started to plug the gap, according to OPEC and industry sources and US government data.

Brazil police make arrests in investigation of Petrobras subsidiary

RIO DE JANEIRO/SAO PAULO (Reuters) — Brazilian police detained six people as part of an investigation into suspected bribery at a unit of state oil company Petroleo Brasileiro SA, prosecutors said on Tuesday, in the latest development in a corruption scandal.

Oil eases as traders and investors grow edgy ahead of OPEC

LONDON (Reuters) — Oil eased on Monday, as traders were wary of betting too heavily on which way prices might move ahead of an OPEC meeting next week, when the exporter group is expected to decide whether to continue output cuts aimed at propping up prices.

Catcracker halted at Venezuela's Cardon refinery

PUNTO FIJO, Venezuela (Reuters) — The catalytic cracker at Venezuela’s 310,000 bpd Cardon refinery has stopped due to faults, a union leader and two workers said on Friday.

Nebraska regulators approve Keystone XL pipeline route

LINCOLN, Nebraska/CALGARY, Alberta (Reuters) — Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, lifting the last big regulatory obstacle for the long-delayed project that US President Donald Trump wants built.

SNC-Lavalin awarded engineering contract by Ecopetrol in Colombia

BOGOTA — SNC-Lavalin announced it has been awarded a contract by Ecopetrol in Colombia for conceptual, basic and detailed engineering on high and medium-complexity projects through to 2020.

Discount on Canadian heavy crude deepens after pipeline spill

CALGARY, Alberta (Reuters) — The discount on Canadian heavy crude surged wider on Friday as traders waited for news on how long TransCanada Corp’s 590,000 bpd Keystone pipeline would be shut down following a spill in South Dakota on Thursday.

Oil climbs, but still set for first weekly fall in six

LONDON (Reuters) — Oil prices climbed on Friday but were still heading for their first week of losses in six, weighed down by Russian hesitation for extending a global pact to cut output and curb oversupply.

Keystone oil pipeline leaks in S.Dakota, as Nebraska weighs XL

CALGARY, Alberta (Reuters) — TransCanada Corp shut part of its Keystone oil pipeline system after a 5,000-barrel leak in South Dakota, the company said on Thursday, four days before neighboring Nebraska was set to decide on the company's long-delayed Keystone XL pipeline.

Middle East, US crude oil curbs Indian appetite for African supplies

NEW DELHI (Reuters) — India's imports of African crude oil in October plunged to their lowest in over four years, with the world's No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed.