Crude oil
India's Reliance makes first purchase of US crude
NEW DELHI/SINGAPORE (Reuters) — India’s Reliance Industries Ltd has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for US oil versus global benchmarks, three trade sources said on Tuesday.
Oil exports will be main topic at OPEC, non-OPEC meeting in Moscow
MOSCOW (Reuters) — Oil exports will be in the spotlight at a meeting between OPEC and non-OPEC members in Moscow this week, Russian Energy Minister Alexander Novak said on Tuesday.
Oil prices fall for a second day on oversupply concerns
TOKYO (Reuters) — Oil fell edged lower on Tuesday, declining for a second day and sapping more strength from a Q3 rally, amid signs that a global glut in crude may not be clearing as quickly as bulls had hoped.
Laredo to sell Permian pipeline unit stake for $825 MM
(Reuters) — Oil and gas producer Laredo Petroleum said on Monday it would sell its stake in a Permian pipeline unit for $825 MM, lower than some industry estimates and prodding the company's shares down nearly 8%.
Canada review of Trans Mountain pipeline flawed, lawyers argue
VANCOUVER/CALGARY, Alberta (Reuters) — Canada failed in its duty to consult First Nations and other groups on the Trans Mountain oil pipeline expansion, and therefore the approval of the $5.9 B project must be overturned, lawyers for project opponents argued at the launch of a judicial review on Monday.
Noble Group expects to sell oil liquids business by end-December
SINGAPORE (Reuters) — Noble Group Ltd (NGL) expects to sell its oil liquids business by the end of December as part of a plan to slim down drastically and focus on its core Asian coal trading business after a crisis-wracked 2 yr.
Show Preview: ADIPEC
The 20th edition of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) will take place 13–16 November at the Abu Dhabi National Exhibition Centre.
Industry Perspectives: What is the future of the global HPI?
Over the past year, the world has witnessed significant downstream capacity growth in all sectors of the hydrocarbon processing industry (HPI).
Design atmospheric aboveground storage tanks for accident prevention
The design and construction of oil, gas and petrochemical facilities is continuously improving, as increasing compliance with ever-changing codes and standards, such as the American Petroleum Institute (API) and the National Fire Protection Association (NFPA), is resulting in fewer atmospheric above-ground storage tank (AAST) accidents.
Diversification: The catalyst for the Middle East’s downstream transformation
Over the past several years, the Middle East has made substantial investments to increase its downstream processing capacity.
- Methanex and Entropy partner to reduce emissions in methanol production 7/18
- Abraxas Power awards McDermott ECI contract for Canada's first green ammonia plant 7/18
- ClearSign Technologies to install 26 burners at U.S. Gulf Coast chemical facility 7/18
- Evolution in the rapid, onsite detection of microbial contamination in diesel fuel 7/18
- U.S. crude stocks fall, gasoline and distillate inventories rise 7/18
- Japanese refiners urge early orders from airlines amid jet fuel shortage 7/18
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
