Americas
WorleyParsons awarded PMC services contract by Manaseer Group
WorleyParsons has been awarded a contract by the Manaseer Group. Under the contract, WorleyParsons will provide project management consulting services for a greenfield integrated potash and phosphate fertilizer complex in Jordan.
Asia refiners snap up cheap light oil to reap higher fuel profits
SINGAPORE/SEOUL (Reuters) -- As the cost of light crude drops, some refiners in Asia are snapping up cargoes of the oil that is easier and cheaper to process than their usual diet of heavy crude, chasing profits from making diesel and gasoline.
OPEC, non-OPEC to look at extending oil-output cut by six months
KUWAIT (Reuters) -- A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.
Native Americans to meet Norway's wealth fund watchdog over pipeline
OSLO (Reuters) -- Standing Rock Sioux tribe representatives will meet the ethics watchdog for Norway's $915 billion sovereign wealth fund on Monday over a US oil pipeline, a watchdog official said on Monday.
Tesoro, Western Refining stockholders approve acquisition of Western Refining
SAN ANTONIO, Texas -- Stockholders of both Tesoro Corporation and Western Refining, Inc. voted to approve Tesoro's expected acquisition of Western Refining. At separate special stockholders' meetings, Tesoro stockholders approved the issuance of shares of Tesoro common stock in connection with the expected acquisition, and stockholders of Western Refining approved the adoption of the previously disclosed agreement and plan of merger.
ACC: US specialty chemicals markets rise in February
WASHINGTON – The American Chemistry Council (ACC) reported that US specialty chemicals market volumes rose a strong 0.6% in February. This follows an upwardly revised 0.4% gain in January. Volumes have generally been moving up since May.
Thai Oil buys first crude cargoes from Oman, US amid OPEC cuts
SINGAPORE (Reuters) -- Thailand's largest oil refiner Thai Oil has bought its first ever cargoes of US Eagle Ford crude and Oman crude as its diversifies purchases amid OPEC production cuts, two sources with knowledge of the matter said on Friday.
Saudi exports to US to fall by 300,000 bpd in March
DUBAI (Reuters) -- Saudi Arabia's crude exports to the United States in March will fall by around 300,000 bpd from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official said on Thursday.
Vitol reports record volumes as gasoline trade booms
(Reuters) -- Vitol's annual traded volumes rose 16% in 2016 to a new record as the world's largest independent energy trader sold more gasoline and diesel in markets such as the United States and Australia.
TransCanada gets presidential permit for Keystone XL pipeline
(Reuters) -- TransCanada Corp said on Friday the US Department of State issued a presidential permit for the construction of the Keystone XL oil pipeline, a project blocked by former President Barack Obama.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
