Crude oil
Britain's biggest oil pipeline shut ‘for weeks’ for repairs
LONDON (Reuters) — Britain's largest oil pipeline could shut down for weeks for unscheduled repair work, sending the price of crude to new 2-yr highs and triggering a steep rally in natural gas prices, just as a cold snap sweeps the country.
Saudi Arabia to supply full Jan crude volumes to several Asian buyers
TOKYO/SINGAPORE (Reuters) — Saudi Arabia, the world's top oil exporter, will supply full contractual volumes of crude to five North Asian refiners in January, unchanged from the previous month, five sources with direct knowledge of the matter said on Monday.
China's Nov crude imports rise to 2nd highest on record
BEIJING (Reuters) — China’s natural gas imports in November rose to a record as domestic demand surged while crude imports were the second-highest ever, as refiners ramped up output to cash in on strong profits as fuel prices soar, customs data showed on Friday.
Kinder Morgan Canada wins Trans Mountain pipe expansion appeal
CALGARY, Alberta (Reuters) — Canada's energy regulator ruled on Thursday in favor of Kinder Morgan Canada Ltd's appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the $5.8-B project.
Vietnam signs crude oil supply deals with SOCAR, Glencore
HANOI (Reuters) — Vietnam's state-run Binh Son Refining and Petrochemical Co (BSR) and state oil marketer PV Oil have signed non-binding term agreements with two western trading companies to buy crude, BSR officials said on Friday.
EIA: Monthly Midwest crude imports surpass Gulf Coast for first time
In August, monthly US imports of crude oil coming into the Midwest (Petroleum Administrative Defense District (PADD) 2) exceeded imports of crude oil into the Gulf Coast (PADD 3) for the first time since the US Energy Information Administration began keeping records in 1981.
Oil shrugs off US fuel supply increase
LONDON (Reuters) — Oil rose on Thursday in a sign that investors are wary of pushing the market lower in response to an unexpectedly large rise in US stocks of refined products that has increased concern about the demand outlook.
EIA: US crude stockpiles slump, gasoline builds more than expected
(Reuters) — US crude oil stockpiles fell more than expected last week as refineries hiked output, but gasoline and distillate inventories posted surprisingly large builds, the Energy Information Administration said on Wednesday.
US DOT drops requirement for braking system on crude rail cars
NEW YORK (Reuters) — The US Department of Transportation has reversed a decision requiring crude oil rail tank cars to be fitted with an advanced breaking system designed to prevent fiery derailments.
Poland refiner buys another crude oil shipment from Gulf Coast
WARSAW (Reuters) — Poland’s second-largest oil refiner Grupa Lotos has bought a second crude oil shipment from the United States as part of a plan to reduce its reliance on Russian oil supplies, it said on Wednesday.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
